NEW YORK (Reuters) - GMAC Financial Services, a lender that has received $12.5 billion in government bailouts, posted a third straight quarterly loss on Wednesday, hurt by red ink in its mortgage business. [read full story]
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Minnesota business by the numbers See Minnesota's top earning companies, CEOs and non-profits GMAC Financial Services said it is focused on resolving matters at its ailing mortgage unit, Richfield-based Residential Capital....
GMAC Financial Services, the main lender for General Motors Co. and Chrysler Group LLC, said Wednesday its loss narrowed to $767 million in the third quarter, as its auto lending unit made money while its home mortgage unit...
NEW YORK (Reuters) - GMAC Financial Services, a lender that has received $12.5 billion in government bailouts, posted a third straight quarterly loss on Wednesday, hurt by red ink in its mortgage business.
NEW YORK - GMAC Financial Services, a lender that has received $12.5 billion in government bailouts, posted a third straight quarterly loss on Wednesday, hurt by red ink in its mortgage business. The third-quarter net loss for...
Treasury Department in talks with the lender over a third round of aid GMAC Financial Services said Wednesday its net loss narrowed in the third quarter as its auto-lending unit turned a profit. NEW YORK - GMAC Financial...
reports a decrease in third-quarter net losses to $767 million from $2.5 billion a year ago. The company says its latest results were adversely affected by losses from discontinued operations. The Detroit-based company’s global...
NEW YORK, Nov 4 (Reuters) - GMAC Financial Services, a lender that has received $12.5 billion in government bailouts, posted a third straight quarterly loss on Wednesday, hurt by red ink in its mortgage business. The...
NEW YORK (Reuters) – GMAC Financial Services, a lender that has received $12.5 billion in government bailouts, posted a third straight quarterly loss on Wednesday, hurt by red ink in its mortgage business. The third-quarter net...
NEW YORK (Reuters) - GMAC Financial Services, a lender that has received $12.5 billion in government bailouts, posted a third straight quarterly loss on Wednesday, hurt by red ink in its mortgage business.
NEW YORK - GMAC Financial Services, the main lender for General Motors Co. and Chrysler Group LLC, said Wednesday its loss narrowed to US$767 million in the third quarter, as its auto lending unit mad...
