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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.
In April 2019, the company partnered with Ally Financial to operate its mortgage platform. [9] The number of people from traditionally underrepresented groups buying homes through Better's mortgage lending platform increased significantly in 2019, a development that The New York Times suggested was linked to the company's digital processes and ...
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Ally Detroit Center, formerly One Detroit Center, is a skyscraper and class-A office building located in Downtown Detroit, overlooking the Detroit Financial District.Rising 619 feet (189 m), the 43-story tower is the tallest office building in Michigan and the second tallest building overall in the state behind the central hotel tower of the Renaissance Center, located a few blocks away.
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[1] In 1990, the company was acquired by GMAC Mortgage Corporation. [2] In 2005, GMAC (now Ally Financial), a subsidiary of General Motors, transferred ownership of GMAC Mortgage Corporation and Residential Funding Corporation (GMAC-RFC) to Residential Capital Corporation (ResCap) and contributed $2 billion of equity. [3]
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