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9 Mar 2010, 7:54 am
The chief financial officer of GMAC, the onetime General Motors finance arm that was bailed out by the government, is leaving the company for a job at the private equity firm Providence Equity Partners. [read post]
28 Sep 2010, 9:17 am
They also reported that Iowa, NC, and Texas have opened investigations on GMAC's practices [read post]
12 Oct 2010, 11:03 pm
GMAC Mortgage, said Tuesday that it was expanding its review of foreclosures to all 50 states, amid growing inquiries by law enforcement into dubious paperwork by home lenders. [read post]
2 Jun 2011, 12:42 pm
hola muy buenas tardes bueno e lcaso es el siguiente mi hermana me hizo el favor de firmarme un automovil y la financiera fue gmac esto en el 2008 el auto se pago sin problemas hasta mayo del 2009 cuando me quede sin trabajo por despido injustificado y dejde de trabajar hasta el mes de diciembre del 2010 mi hermana tiene casi o mas tiempo sin empleo ahora nos lelga una orden de embargo que se ejecutara en menos de 8 dias no se como proceder ya ahora estoy mas estable y puedo seguir pagando… [read post]
20 Sep 2010, 1:30 pm
While the announcement does not affect GMAC mortgages in Massachusetts, they have nine locations here. [read post]
22 Sep 2010, 3:03 am
GMAC will also suspend sales of properties on which it had already foreclosed. [read post]
27 Sep 2010, 7:03 am
Our Yucaipa loan modification attorneys were interested to see a Sept. 21 report saying GMAC Mortgage is suspending its foreclosure evictions and sales in many states. [read post]
26 Feb 2010, 4:53 am
An I.P.O. of GMAC Financial Services, the U.S. auto loan company bailed out the by the government, is probably at least a year away, a senior Treasury official told the Congressional Oversight Panel Thursday, Reuters reported. [read post]
5 May 2009, 9:04 am
GMAC Financial Services, the largest financier of General Motors vehicles, said Tuesday its lost more money in the first quarter than a year ago as the troubled home and automotive loan markets continued to weigh on results. [read post]
3 May 2010, 11:00 pm
GMAC Financial Services, a lender majority-owned by the government, posted its first profit since the fourth quarter of 2008 as it starts to recover from billions of dollars lost on bad mortgages. [read post]
24 Mar 2010, 2:52 am
GMAC Financial Services, the U.S. auto finance company, agreed to sell its factoring business unit to Wells Fargo, Bloomberg News reported, citing two people with direct knowledge of the matter. [read post]
30 Dec 2008, 9:49 am
GMAC, the primary lender and financial arm of General Motors, is getting a $5 billion capital injection from the Treasury Department, thanks in part to the legal work of Wachtell and Cravath. [read post]
21 May 2009, 5:17 pm
GMAC, the troubled former finance arm of General Motors, said on Thursday that it will receive $7.5 billion from the Treasury Department to help fill in holes in its balance sheet. [read post]
25 Sep 2010, 10:42 am
GMAC Mortgage in now part of Ally Financial Inc. [read post]
24 Mar 2010, 2:17 pm
Wells Fargo said Wednesday that it had agreed to buy GMAC's North American factoring business. [read post]
23 Jun 2010, 4:20 am
Several big-name private equity firms are bidding for GMAC's troubled residential mortgage unit, Residential Capital, Dow Jones reported. [read post]
27 Dec 2009, 6:00 am
In federal court filings, GMAC is asking U.S. [read post]
4 Nov 2008, 3:53 pm
., a Bermuda reinsurer, on November 3, 2008 acquired the GMAC Re reinsurance business from GMAC LLC. [read post]
24 Sep 2010, 7:49 am
’s GMAC Mortgage unit has suspended foreclosures in 23 states amid suggestions that all the necessary paperwork is not in order. [read post]
23 Mar 2010, 2:15 pm
Executives at GMAC, however, received a bit more than they were previously told. [read post]
