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GMAC ResCap, Inc., earlier Residential Funding Company LLC and Residential Capital Corporation, was a residential mortgage loan originator and servicer based in Minneapolis, Minnesota. It was a subsidiary of GMAC (now Ally Financial ).
Ally Financial Inc. (known as GMAC until 2010) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.
GMAC Real Estate was a real estate franchised broker. It had 13,000 agents. [ 1 ] In 2008, it was acquired by Brookfield Asset Management and in 2012, it merged into HomeServices of America .
GMAC Real Estate, a former real estate franchised brokerage firm GMAC ResCap (Residential Capital), which includes GMAC Mortgage Graduate Management Admission Council , an international association of business schools
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
GMAC's other products include the Graduate Management Admission Search Service (GMASS), a searchable database of more than 350,000 GMAT Exam and mba.com registrants. [9] Admissions professionals can also use GMATCH, GMAC's two-day online global recruiting event. [10] In 2013, GMAC launched the Reflect Self-Assessment and Development Tool.
National General Insurance, formerly the GMAC Insurance Group is a Winston-Salem, North Carolina–based property and casualty insurance company. The company was founded in 1920. The company was founded in 1920.
TARP allowed the United States Department of the Treasury to purchase or insure up to $700 billion of "troubled assets," defined as "(A) residential or commercial obligations will be bought, or other instruments that are based on or related to such mortgages, that in each case was originated or issued on or before March 14, 2008, the purchase of which the Secretary determines promotes ...