Search for: "GMAC Financial"
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29 Sep 2010, 6:43 am
GMAC converted into a bank holding company in 2008 as it received more than $17 billion of government funds during the financial crisis. [read post]
28 Sep 2010, 9:17 am
The Washington Post reported on the 27th that the Attorneys general in Connecticut and California ordered Ally Financial's GMAC mortgage unit to freeze all foreclosures within their States. [read post]
28 Sep 2010, 3:20 am
Last week, CL&P blogger Alan White explained that Ally Financial was halting some of its foreclosure business in 23 states because of unspecified "defects" in its program. [read post]
25 Sep 2010, 10:42 am
GMAC Mortgage in now part of Ally Financial Inc. [read post]
24 Sep 2010, 2:50 pm
I’m sorry, but is GMAC… no, wait… Ally Financial… I keep forgetting they’re my “ally” now… run by a 40 Mule Team of morons? [read post]
24 Sep 2010, 7:49 am
Ally Financial Inc. [read post]
23 Sep 2010, 4:20 pm
I was about to tear into GMAC, but now I hear that they’re not foreclosing on anything at the moment, so maybe they knew they were about to be shredded by bloggers everywhere, who really knows. [read post]
20 Sep 2010, 7:50 am
Bloomberg has a report today that GMAC Mortgage is halting foreclosures in 23 states due to unspecified defects. [read post]
20 Sep 2010, 7:48 am
While we are not yet sure if GMAC is actually stopping its pending foreclosure actions in NY, although we hope that they are, the following is from a recent Bloomberg.com article entitled “Ally’s GMAC Mortgage Halts Home Foreclosures in 23 States:” Ally Financial Inc. [read post]
15 Sep 2010, 10:38 pm
Ally Financial, the recipient of more than $17 billion in American aid, may be able to repay its bailout in full with a profit for taxpayers if General Motors is right about the value of its stake in the auto lender. [read post]
13 Sep 2010, 5:04 am
Three groups -- BlackRock, Fortress and Centerbridge Partners -- are considering buying the mortgage finance business of GMAC, The Financial Times reports. [read post]
30 Aug 2010, 8:34 am
Each day, I’ve try to do whatever I can to help those struggling to hold on both financially and emotionally. [read post]
8 Aug 2010, 9:59 pm
As the credit markets started to close for over a dozen companies, including Prudential Financial, CIT Group, and GMAC Inc., the firms began to get their funding for debt financing from retirees—reports Bloomberg in an August 2009 article. [read post]
3 Aug 2010, 10:23 am
Then the financial meltdown of Wall Street came. [read post]
14 Jul 2010, 8:37 am
., GMAC Inc., Prudential Financial Inc., and over a dozen other financial institutions sold their bonds to individual investors after being spurned by their sophisticated institutional counterparties, according to an article by Zeke Faux titled “CIT Debt Sold to Widows Has Fine Print Pimco Resists,” Bloomberg. [read post]
26 May 2010, 8:17 am
The Treasury Department said on Wednesday that it has appointed Marjorie Magner, a former Citigroup executive, as one of its two representatives on the board of Ally Financial, the bank formerly known as GMAC Financial Services. [read post]
14 May 2010, 2:53 am
Chrysler raised concerns Thursday about reports that rival General Motors is interested in buying back the auto financing business from the former GMAC Financial Services, The Associated Press reported. [read post]
7 May 2010, 8:20 am
GMAC ($172 billion) 16. [read post]
4 May 2010, 10:05 am
GMAC Financial Services charges a $2,500 deductible if the insured person was supposed to have primary coverage and did not. [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]
