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Gmac Mortgage Rates Newsgmac mortgage ratesNEW YORK--( BUSINESS WIRE )--Fitch Ratings has downgraded GMAC Commercial Mortgage Securities, Inc.'s commercial mortgage pass-through certificates, series 1998-C1 as follows: --$25.2 million class H to 'B' from 'BB-'; Outlook Stable; --$14.4 million ... Read moreFitch Downgrades 3 Classes of GMAC 1998-C1; Assigns Stable Outlooks - Businesswire.comIf there's one place consumers have the upper hand these days, it's as depositors - especially if they're willing to stash their cash with money losers. The banking units of AIG , the insurer bailed out by the government, and GMAC , the biggest ... Read moreAIG, GMAC, other troubled lenders push high CD payouts to get deposits - New York Daily NewsNov. 17 (Bloomberg) -- American International Group Inc. and GMAC LLC are among money-losing companies whose banking units are paying higher rates than larger rivals to lure depositors, pressuring bank profits needed to offset rising loan losses. AIG ... Read moreAIG, GMAC Help Drive Up Bank Rates Amid ’Insanity’ for Deposits - BloombergGMAC said the change in status would shore up its capital position and help it continue to provide automotive and mortgage financing. GMAC is majority owned by the private equity firm Cerberus Capital Management LP, which also owns most of Chrysler ... Read moreGMAC files for bank holding status - San Francisco GateDENVER – GMAC Financial Services, the financing arm of General Motors, said Thursday it applied to become a bank holding company, making it eligible for aid under the government’s $700 billion bank rescue plan. GMAC said the change in status ... Read moreGMAC seeking slice of bailout - Fort Wayne Journal GazetteDENVER — GMAC Financial Services, the financing arm of General Motors, said Thursday it applied to become a bank holding company, making it eligible for aid under the government’s $700 billion bank rescue plan. GMAC said the change in status ... Read moreGMAC files for bank status - Oakland PressNEW YORK (CNNMoney.com) -- GMAC Financial Services announced Thursday that it is seeking government assistance, trying to access the $700 billion set aside for banks that its parent General Motors has so far been denied. GMAC also announced that it ... Read moreGMAC seeks bailout - CNN MoneyNov. 20 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac 's $1.7 trillion of corporate debt rose to records relative to benchmarks, as GMAC LLC's application for status as a bank holding company potentially creates more competition from issuers of ... Read moreFannie Mae Debt Spreads Hit Records as GMAC Seeks Bank Status - BloombergDENVER - GMAC Financial Services, the financing arm of General Motors, said Thursday it applied to become a bank holding company, making it eligible for aid under the government's $700 billion bank rescue plan. GMAC said the change in status would ... Read moreGMAC applies for status, hopes for piece of bailout - Lubbock Avalanche-JournalNEW YORK (AP) -- GMAC Financial Services said Wednesday its third-quarter loss widened to $2.52 billion, as the ongoing woes of the global credit industry resulted in steep losses at its mortgage division. For the year-earlier period, GMAC had a loss ... Read more |
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