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GMAC RFC have sold my mortgage as part of a portfolio

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  • kingstreet
    kingstreet Posts: 39,254 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    silver91 wrote: »
    [Hi all, This is my first quote, I was wondering if someone can help me claim back my PPI from the above mortgage company. I know that they have sold most of there UK mortgages on. I did receive a phone to the house tell me that I entitled to it but that company never got back to me. I need help I would rather claim it back myself rather than pay 30% to someone else.

    Thanks
    IIRC GMAC only operated via brokers. In which case you need to complain to the firm which sold you the insurance cover, not the lender.

    It's worth noting, mortgage payment protection, also known as accident, sickness and unemployment cover is not the same as "PPI" so you will have to justify the mis-sale.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • From the documentation I have requested from Paratus AMC (Formerly GMAC RFC) and most of which, with sloping shoulders, they have failed to supply, I would be talking to the SFO regarding them as I have VERY strong suspicions that most of GMAC's mortgages were incorrectly executed and thus fraudulent.

    You might want to inform your current provider of this also.

    I can provide template letters to write to they CEO (not that he will bother replying even if you mark it PRIVATE AND CONFIDENTIAL) shows how professional he is....NOT...
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Rather late to reopen this thread. ;)

    As certainly not current.

    Start your own thread if you've a point to make.
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