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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.
The Graduate Management Admission Test (GMAT (/ ˈ dʒ iː m æ t / (JEE-mat))) is a computer adaptive test (CAT) intended to assess certain analytical, quantitative, verbal, and data literacy skills for use in admission to a graduate management program, such as a Master of Business Administration (MBA) program. [4]
GMAC Bowl, a sponsored game of college level American football, now known as the LendingTree Bowl; Great Midwest Athletic Conference, a U.S. college athletic conference established in 2011 and starting competition in 2012; GMAC ebike motor, a modified MAC hub motor sold by Grin Technologies
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.
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 is the only insurance company in the United States to originate within the automotive industry.
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 ).
GMAC was given the right to use the Better Homes and Gardens Real Estate Service name for up to 10 years after the sale, after which it was phased out. [ 4 ] In October 2007, Meredith Corporation granted Realogy Holdings Corp. the right to license the Better Homes and Gardens name and related trademarks for 100 years. [ 5 ]
GMAC conducted an in-depth analysis of the events that had enabled the fraud to take place, resulting in a significant re-structuring of the commercial credit operations of GMAC. [4] A report concluded that the fraud was made possible by organizational and relationship symptoms, as well as anomalies in the lending practices of GMAC, including: [3]