On Friday, GMAC Mortgage, the mortgage origination and servicing operation of Ally Financial Inc., announced that it would stop purchasing mortgage loans from the third party in Massachusetts. However ...

GMAC has recently announced that it will sell 60 percent of its GMAC Commercial Holding Corporation to an investor group. The investor group will be made up of Kohlberg Kravis Roberts& Co. (KKR), Five ...

April 19 - Fitch Ratings has placed 157 RMBS classes serviced by GMAC Mortgage on Rating Watch Negative. GMAC Mortgage (GMAC) is a subsidiary of Residential Capital LLC (ResCap). The rating actions ...

WATERLOO - After a six-month hiring wave, GMAC Mortgage's Waterloo operation is nearly full, a company spokesperson said. The company has hired a net 160 people since January, said Jeannine Bruin, ...