U.S. gov’t gives GMAC US$3.8 bil. in new aid (ChinaPost.com.tw) – The government gave GMAC Financial Services another US$3.8 billion in cash and took a majority stake in...
Capmark Financial files for bankruptcy C ommercial real estate company Capmark Financial filed for bankruptcy protection Sunday, undone by declines in the sector and...
Deals backfire as investors seek $5.5bn from Cerberus$ Investors in Cerberus are seeking the return of more than $5.5 billion ($£3.3 billion) from the fund, which has...
Fitch Affirms GMAC Series 1999-C3; Assigns Outlooks CHICAGO – Fitch Ratings affirms and assigns Rating Outlooks to GMAC’s commercial mortgage pass-through certificates, series 1999-C3, as follows:...
GMAC Financial Services Declares Dividends on Preferred Membership Interests NEW YORK, April 17 /PRNewswire/ — The GMAC Financial Services Board of Directors declared quarterly dividend payments on preferred...
GMAC to loosen criteria for loans upon bail-out By Bernard Simon in Toronto Published: December 30 2008 14:19 | Last updated: December 30 2008 19:31 moved quickly...
Fitch Downgrades 8 Classes of GMAC Commercial Mortgage 2004-C3; Assigns Outlooks CHICAGO – Fitch Ratings downgrades and assigns Rating Outlooks to eight classes of GMAC Commercial Mortgage Securities, Inc., series...
U.S. Army Reserve and Business School Group Ink Agreement to Encourage Soldiers to Pursue Graduate Management Education Graduate Management Admission Council Expands its Operation MBA Program with U.S. Army Reserve WASHINGTON, Feb. 3 /PRNewswire-USNewswire/ — The...
Cerberus forced to take own medicine Focus DIY’s problems are the least of the worries for Cerberus Capital Management, the US private equity group which...
Ezra Merkin GMAC chairman to testify over Bernard Madoff link Andrew Cuomo, New York’s attorney general, will force Ezra Merkin, the former GMAC chairman who funnelled money to Bernard...
GMAC Bank and CMG Mortgage Services Sued for Patent Infringement SALT LAKE CITY – Ramsden, Inc. has filed suit in the United States District Court for the District of...
GMAC loses its exclusive rights on GM loans DETROIT — GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who...
GM, GMAC loosen finance pact after lender bailout NEW YORK (Reuters) – GMAC LLC on Friday said that as part of its $6 billion federal bailout and...
GM, GMAC loosen finance pact after lender bailout (Reuters) Reuters – GMAC LLC on Friday said that as part of its $6 billion federal bailout and decision to...
GMAC gives up some GM financing rights via bailout NEW YORK (Reuters) – GMAC LLC on Friday said that as part of its $6 billion federal bailout and...
GMAC gives up some GM car financing rights The filing also says GMAC won’t have to provide lease financing. Auto finance companies have lost money on leases...
GMAC gives up some GM financing rights via bailout (Reuters) Reuters – GMAC LLC on Friday said that as part of its $6 billion federal bailout and decision to...
GMAC loses exclusive GM car-financing rights DETROIT GMAC will no longer have exclusive rights to provide low-interest loans to people who buy General Motors Corp....
Government to get 5 million preferred GMAC shares The federal government will get 5 million preferred shares of GMAC paying 8% interest in exchange for its $5...
Latest News : GM, GMAC ease lending rules to entice car buyers NEW YORK/DETROIT (Reuters) – General Motors Corp and its GMAC funding affiliate launched programs on Tuesday to lure U.S....