Results for gmac: 59

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 the domestic auto industry. "We're...

WASHINGTON, May 8 - U.S. Treasury Secretary Timothy Geithner said on Friday that the Obama administration will provide "substantial support" to troubled financial firm GMAC in the form of more capital. "We're going to provide...

WASHINGTON, Dec 24 - The U.S. Federal Reserve said on Wednesday it approved auto and mortgage finance company GMAC LLC's request to become a bank holding company, a move that gives it access to government...

GMAC ceases all financing to buyers with credit rating below 700

* Loss $767 mln vs loss $2.5 bln a year ago * Mortgage division losses $747 mln (Adds CEO comment, financial details) NEW YORK, Nov 4 - GMAC Financial Services, a lender that has received...

General Motors Co. said Thursday that customers who buy a new vehicle can return it within two months of purchase for a full refund. The company will allow customers who buy Chevrolet, GMAC, Buick and Cadillac vehicles starting next Monday through November 30 to return it, no questions asked, for...

* ABA calls rates unfair * Ally says attracting deposits helps it offer loans * High rates can signal distress (Recasts first paragraph; adds CEO comment, details) WASHINGTON, June 1 - GMAC LLC, which has...

* ABA calls rates unfair * Ally says attracting deposits helps it offer loans * High rates can signal distress (Recasts first paragraph; adds CEO comment, details) WASHINGTON, June 1 - GMAC LLC, which has...

Grim U.S. economic data nudged the U.S. dollar lower versus the euro on Tuesday, while bargain hunters boosted global share prices, helped by news of government aid for U.S. auto and mortgage lender GMAC...

* $5 bln earmarked for consumer credit in next 60 days * Move comes as GM faces growing bankruptcy risk * Lowers costs for dealers' inventory financing (Adds details on GM sales to date, bankruptcy...