AND SO IT BEGINS – GMAC, JEFFREY STEPHAN SUED BY VINDICTIVE HOMEOWNER

"And so it begins. In one of the state’s first lawsuits made by a distressed homeowner against a bank on the basis of alleged fraud during the foreclosure crisis, an Ohio man is out to get GMAC for knowingly presenting improperly-prepared paperwork in the process of his judicial foreclosure case. Yesterday, Michael Fox of Johnstown filed suit against GMAC Mortgage and Jeffrey Stephan, a bank employee who allegedly signed thousands of foreclosure affidavits without any actual knowledge of the cases therein. Stephan, who was deposed in January as part of a separate suit in Florida, admitted that during his tenure as a GMAC “robo-signer,” he signed off on around ten thousand foreclosures a month without once looking at the paperwork."