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- GMAC Financial Services' new era as independent firm
- GMAC Financial Services opened its doors last week as an independent global financial services company after 87 years as a wholly owned subsidiary of General Motors Corp. GM completed the sale of a majority equity stake in GMAC to an investment consortium led by Cerberus FIM Investors, LLC and...
- Research articles 2006-12-06
- GMAC-RFC Announces Upcoming Acquisition of American Financial Consultants, Triad Financial Services
- MINNEAPOLIS--BUSINESS WIRE--March 1, 1999--GMAC-RFC today announced an agreement to acquire the assets of two of the nation's leading distressed consumer debt servicing companies - New York-based American Financial Consultants NY, LLC AFC, a subsidiary of the Phoenix Finance Group, LLC and Minneapolis-based Triad Financial Services, Inc. Triad. The acquisitions are...
- Research articles 1999-03-01
- Newman Financial Services Acquires Paramount Financial Group
- Business Editors DENVER--BUSINESS WIRE--Mar. 13, 2001 Newman Financial Services, Inc. NFSI has announced the acquisition of the assets of Paramount Financial Group, LLC Paramount, a real estate investment company specializing in affordable housing investment funds that provide equity in developments for low-income housing and historic renovation tax credits....
- Research articles 2001-03-13
- GMAC and Homece Alliance
- GMAC Mortgage and its sister company GMAC Homes Services, both part of the GMAC Financial Services organization, together with Homestore.com, Inc. (NasdaqcomTM will provide web-based services to supps," said Mike O'Brien, chairman of GMAC Home Services. "The powerful combination of GMAC's business opportunities and Homestore.com's position as the nation's...
- Research articles 1999-11-08
- Eased loan rules to buoy GM
- GMAC Financial Services' decision Tuesday to ease lending rules should help bring auto loans to a larger group of customers, help General Motors Corp. sell more vehicles and, ultimately, help guard the world's largest automaker against what some had feared was increasingly inevitable: bankruptcy. A day after the U.S. Treasury...
- News items 2009-08-07
- GENERAL MOTORS CORP - GM Completes the Sale of Controlling Interest in GMAC.
- GM Completes the Sale of a Controlling Interest in GMAC DETROIT, Nov. 30 -- General Motors Corp. (NYSE: GM) today announced that it has completed the sale of a 51-percent interest in GMAC to a consortium of investors led by Cerberus...
- Research articles 2006-11-30
- GM: GMAC Mortgage Group submits thrift application.
- M2 PRESSWIRE-2 September 1998-GM: GMAC Mortgage Group submits thrift application C1994-98 M2 COMMUNICATIONS LTD RDATE:280898 * Cites growth in lending and financial services HORSHAM, Pa-- GMAC Mortgage Group, Inc., a wholly owned subsidiary of General Motors Acceptance Corporation GMAC,...
- Research articles 1998-09-02
- Fidelity Investments and GMAC Mortgage Announce Innovative New Mortgage Program; Customers Can Receive Up To 100 Percent Mortgage Financing With No Cash Down Payment
- BOSTON--BUSINESS WIRE--March 23, 1999--Fidelity InvestmentsR, one of the nation's leading providers of financial services, and GMAC Mortgage Corporation, a leading national mortgage lender and servicer, today announced the Fidelity Pledged Asset Program. This innovative new mortgage financing program allows customers of Fidelity Brokerage Services, Inc. to use their assets as...
- Research articles 1999-03-23
- U.S. to decide case by case if others get bailout cash
- WASHINGTON -- The U.S. Treasury Department said yesterday it will decide on a case-by-case basis whether other companies connected to the struggling automotive industry should be provided emergency aid from the government's $700-billion (U.S.) bailout pot. President George W. Bush reversed course on Dec. 19 and announced a $17.4-billion rescue...
- News items 2009-08-07
- Stock Index Futures Signal Dip After Rally
- (Reuters) - U.S. stock index futures pointed to a slightly lower opening on Wall Street on Tuesday, with futures for the S&P 500 down 0.27 percent, Dow Jones futures down 0.18 percent and Nasdaq 100 futures down 0.25 percent. Media conglomerate Time Warner Inc TWX said on Monday it will...
- News items 2009-11-17
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