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They are AIG, GM, Chrysler and their two automotive-related finance companies, GMAC and Chrysler Financial, respectively. [read post]
24 Mar 2010, 2:52 am by By DEALBOOK
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]
18 Mar 2010, 11:12 am by Marx Sterbcow
., WFC Holdings Corporation, Wells Fargo & Company, and Wells Fargo Financial Services Inc. on the issue of whether overcharging a settlement service fee to the consumer violates the real estate settlement procedures act (RESPA). [read post]
17 Mar 2010, 7:33 am by Stephen Lubben
, who can provide the perspective of both a non-bank financial institution and that of a major customer of the banks? [read post]
9 Mar 2010, 7:54 am by By DEALBOOK
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]
4 Mar 2010, 6:24 pm by Randall Reese
(later joined by MB Financial Bank, N.A.) to transfer the bankruptcy cases of New Luxury Motors, LLC and four affiliates to the Northern District of Illinois bankruptcy court. [read post]
26 Feb 2010, 6:20 am
" Chief Financial Officer Robert Hull also testified today, saying the $20 billion in equity the company has on its balance sheet shows it's solvent. [read post]
26 Feb 2010, 4:53 am by By DEALBOOK
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]
25 Feb 2010, 6:59 am
Prior to the federal bailout of GM, GMAC, Chrysler and Chrysler Financial, the Department of Transportation was relatively inactive with regard to Toyota safety issues. [read post]
5 Feb 2010, 6:05 am by Hal Scott, Harvard Law School,
Editor’s Note: Hal Scott is the Director of the Program on International Financial Systems at Harvard Law School. [read post]
29 Jan 2010, 6:46 am by Howard | Nassiri, PC
The up-front documentation rule mimics rules at two of the lenders with the highest conversion rates, GMAC Mortgage and Ocwen Financial Corp. [read post]
26 Jan 2010, 7:40 am by admin
- and of GMAC Financial Services, which was once a car-finance and mortgage firm and is now a bank holding company. [read post]
24 Jan 2010, 8:50 pm by John Watts & M. Stan Herring
The New York Times has posted an article about the current financial states of Fannie Mae, The American International Group, GMAC and Freddie Mac. [read post]
19 Jan 2010, 6:15 am by Steven Peck
GMAC Mortgage Inc. remained the leader in successful loan modifications, completing 9,872 permanent payment plans as of Dec. 31, the Treasury said in its report today. [read post]
7 Jan 2010, 11:46 am by Page Perry LLC
According to the award, the investments were GMAC bonds and “Smart Notes” and FNMA and GNMA Mortgage Preferred Series and “pass-throughs,” all bought on margin. [read post]
31 Dec 2009, 9:36 am by Darrin Mish
Likewise GMAC Financial Services also stands to gain about $1.7 billion in tax benefits should it repay its bailout money. [read post]
30 Dec 2009, 9:01 pm
He noted the "unprecedented environment" and "extraordinary financial support" the federal government has used to buttress the banking industry. [read post]
14 Dec 2009, 8:00 am by J. Robert Brown
., GMAC Financial Services, Chrysler Group, and Chrysler Financial. [read post]