Independent Foreclosure Review Payment Agreement Details – GMAC Mortgage

The table below includes the number of eligible borrowers and payment amounts in each category for borrowers covered by the Independent Foreclosure Review Payment Agreement whose mortgages were serviced by GMAC Mortgage. The agreement was announced in July 2013 between the Federal Reserve Board and GMAC Mortgage. The table contains only standard payout amounts; it does not include amounts for lost equity, which borrowers in the first and third categories may receive in addition to the standard payout amounts, the payments calculated on a case-by-case basis in the second category, or any tax withholding (if applicable). This table does not apply to borrowers covered by Independent Foreclosure Review Payment Agreement whose mortgages were serviced by the other mortgage servicers participating in the agreement. Tables that apply to those borrowers can be found at www.federalreserve.gov/consumerinfo/independent-foreclosure-review-payment-agreement.htm. Borrowers Who Requested a Review Foreclosure Stage Number of Borrowers

All Other Borrowers Number of Borrowers Total Borrowers

Category Servicer foreclosed on borrower eligible for Servicemembers Civil Relief Act (SCRA) protection (applies only to rescinded or completed foreclosures)* Servicer charged servicemembers interest rates that exceed SCRA Section 527 limits**

Payment

Payment

Rescinded Completed In process Completed

1 16 0 0 61 3 0 41 0 21 3 15 9 2 30 1 4 8,374 288 4,293 1,992 140 3,531 141 18 418 663 59 2,634 1,400 52 2,178 26,388

$15,000 $125,000 >=$400 >=$400 $5,000 $15,000 $125,000 $9,000 $9,000 $75,000 $7,500 $30,000 $7,500 $7,500 $62,500 $7,500 $62,500 $500 $500 $500 $2,500 $2,500 $7,500 $1,000 $1,000 $1,000 $800 $800 $800 $500 $500 $500

3 89 544 7 1 255 13 91 20 45 119 2 149 7 11 54,807 1,234 23,268 16,453 650 16,004 1,321 70 2,155 11,208 751 37,996 20,933 463 16,957 205,626

$15,000 $125,000 >=$400 >=$400 $5,000 $15,000 $125,000 $4,500 $4,500 $37,500 $3,750 $15,000 $3,750 $3,750 $31,250 $3,750 $31,250 $400 $400 $400 $1,250 $1,250 $3,750 $500 $500 $500 $400 $400 $400 $400 $400 $400

4 105 605 10 1 296 13 112 23 60 128 4 179 8 15 63,181 1,522 27,561 18,445 790 19,535 1,462 88 2,573 11,871 810 40,630 22,333 515 19,135 232,014

Servicer initiated or completed foreclosure on borrower who was not in default*

In process Rescinded

Completed Servicer initiated or completed foreclosure on In process borrower who was protected by federal bankruptcy law Rescinded Completed Servicer completed foreclosure on borrower who was meeting all requirements of documented forbearance plan (applies only to rescinded or completed foreclosures) Rescinded

Completed Servicer failed to convert borrower to permanent modification after three successful payments under In process a written trial-period plan Rescinded Completed Servicer completed foreclosure on borrower who was performing all requirements of the written trial-period plan Modification request approved Rescinded Completed In process Rescinded Completed Modification request denied In process Rescinded Completed Modification request received but no underwriting decision made In process Rescinded Completed Servicer did not engage with borrower in a loan modification or other loss mitigation action In process Rescinded Completed All other loans In process Rescinded Completed Totals

* Total amount received by borrower in the first and third categories listed here may differ from amount shown because of offsets resulting from other legal settlements. ** Servicemembers who were charged interest rates higher than limits allowed by the SCRA Section 527 will receive payments of $400 or the amount overcharged and paid by the borrower, whichever is greater.

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