GMAC Mortgage details efforts to help Rosemary Williams

GMAC Mortgage went to extraordinary lengths to help keep Rosemary Williams, who was evicted on Friday after a foreclosure, in her home, according to the company. Among the steps taken: offering to lease the house back to Williams for $850 per month, multiple loan-modification offers that would have reduced her monthly payment by up to 30 percent and an offer to sell the house back to her for less than half of what was owed on the mortgage.

When none of those offers were accepted, GAMC took steps to have Williams removed from the property. The company gave her a check for $5,000 to help with relocation costs.

“GMAC Mortgage sincerely sympathizes with Rosemary Williams and the financial difficulties she is facing,” said Jeannine Bruin, executive director of GMAC Mortgage Communications, in a statement. “Friday’s actions were very difficult, and a regrettable end to 18 months of seeking a solution with Ms. Williams, with local non-profits and with the mortgage investor to keep her in the home on Clinton Avenue. Unfortunately, Ms. Williams was chronically unable to meet her payment commitments under the adjustable rate mortgage she originated with BNC Mortgage, Inc.

Here’s the entire statement from Bruin: