Results for gmac: 59

GMAC has lost $7.2 billion in the seven quarters ending June 30, hurt by soaring credit losses at its Residential Capital LLC mortgage unit, and more recently by writedowns of leases on sport-utility vehicles that drivers no longer want...

DETROIT, Oct 28 - GMAC LLC, the auto and mortgage finance company, on Tuesday said it had been approved to use the commercial paper funding facility created earlier this month by the U.S. Federal Reserve...

WASHINGTON, Nov 4 - Troubled lender GMAC Financial Services will receive additional bailout money from the U.S. government, Senate Banking Committee Chairman Christopher Dodd said on Wednesday. "There will be an infusion, I'm told ......

WASHINGTON, Oct 27 - The U.S. Treasury Department is in talks with GMAC Financial Services Inc about a possible additional cash infusion to the company, an Obama administration official confirmed on Tuesday night. The official...

DETROIT, Sept 25 - GMAC Financial Services will offer General Motors Co and Chrysler Group LLC dealerships in the United States incentives to add to business with the former GM financing arm starting Oct. 1,...

* U.S. Treasury puts fresh capital into GMAC * Regulators waive rules to spur GMAC car loans * Taxpayer stake in GMAC climbs, may keep rising * Domestic carmakers still mired in sales slump (Adds...

WASHINGTON, May 21 - The U.S. Treasury Department said on Thursday it has put another $7.5 billion into auto lender GMAC to enable it to support both Chrysler LLC, and General Motors Corp Corp car...

NEW YORK, May 12 - GMAC has "issues" with some details in a possible agreement to provide financing to Chrysler dealers and customers, attorneys for Chrysler and Chrysler Financial said on Tuesday, and the objections...

NEW YORK, May 12 - GMAC has "issues" with some details in a possible agreement to provide financing to Chrysler dealers and customers, attorneys for Chrysler and Chrysler Financial said on Tuesday, and the objections...

WASHINGTON, May 8 - U.S. Treasury Secretary Timothy Geithner said on Friday that the Obama administration will provide substantial support to troubled lender GMAC, a vital provider of financing for buyers of U.S.-made cars. "It's...