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15 Aug 2012, 11:22 am
Ally Financial, the former GMAC, said on Wednesday that Gerald Greenwald and Henry S. [read post]
15 Aug 2012, 11:22 am
Ally Financial, the former GMAC, said on Wednesday that Gerald Greenwald and Henry S. [read post]
18 Oct 2010, 8:00 am
Ohio Attorney General Richard Cordray filed suit last week against GMAC mortgage and its parent company, Ally Financial Inc. for their role in Ohio's foreclosure crisis. [read post]
26 Apr 2012, 6:48 am
Formerly GMAC, Ally bank offers an array of products from retirement accounts, to mortgages and car loans. [read post]
9 Feb 2009, 3:57 am
The class action also alleged that GMAC materially misstated its 2004 financial results, id. [read post]
23 Mar 2011, 11:39 am
General Motors is selling all of its preferred shares in Ally Financial, formerly known as GMAC, through a $1 billion offering. [read post]
13 Oct 2008, 10:50 pm
Reports of the death of the credit freeze have been greatly exaggerated:PRESS RELEASE: GMAC Financial Services Statement on Automotive Finance Purchase Policy DETROIT, Oct. 13 /PRNewswire/ -- GMAC Financial Services today implemented a more conservative purchase policy for consumer auto financing in the U.S. as a result of the lack of stability in the global capital and credit markets. [read post]
26 Oct 2009, 5:38 am
On Sunday, Capmark Financial Group Inc. [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]
12 May 2009, 10:38 pm
Not a systemically important financial institution, but a systemically politically important one.... [read post]
7 Oct 2010, 10:44 am
Ohio’s Attorney General has sued GMAC Mortgage and its parent Ally Financial Inc. alleging that GMAC, acting as a mortgage servicer, filed fraudulent documents during court proceedings in which GMAC was foreclosing on homes in Ohio. [read post]
3 Jan 2009, 9:29 pm
Reuters: Chrysler gets $4 billion U.S. government loan "GMAC Financial Services today [December 29, 2009] announced that it has sold... [read post]
3 Aug 2010, 10:23 am
Then the financial meltdown of Wall Street came. [read post]
10 Oct 2010, 8:34 am
The impetus for the interview: "This week, Ohio filed a lawsuit accusing the lender Ally Financial and its GMAC Mortgage division of fraud in approving scores of... [read post]
28 May 2009, 5:11 am
Steven Rattner, one of the president's leading advisers on the automotive industry, was an investor in the investment fund that controlled Chrysler and GMAC, according to financial disclosures released by the government. [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]
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]
18 May 2012, 7:00 pm
This will benefit any debtor who is in bankruptcy and has a mortgage from Ally Financial or GMAC Mortgage. [read post]
23 Dec 2008, 2:44 pm
Meanwhile, financial industry groups are pushing to use the bailout fund to help a wider array of companies, including automotive financing companies such as GMAC Financial Services. [read post]
14 Jan 2011, 10:55 pm
A month later, in July, GMAC apologized for their error. [read post]
