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Home » Store » News » GMAC Looking to Prop Up or Possibly Sell ResCap, Its Mortgage Subsidiary

GMAC Looking to Prop Up or Possibly Sell ResCap, Its Mortgage Subsidiary

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Residential Capital continues to ail and its parent, GMAC, last week acknowledged that it is still considering selling the business that includes Residential Funding Co. and GMAC Mortgage, two of the major non-agency MBS issuers in recent years. GMAC is looking to add to...
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