Mortgage News from Around the World
RTT News Accounting move puts ResCap in the blackMinneapolis Star Tribune, MN That resulted in a one-time gain of about $900 million for GMAC's...
Residential Capital will cut 250 jobs now -- and more laterMinneapolis Star Tribune, MN - 8 The shakeup includes closing all the 200 US mortgage...
Struggling mortgage lender ResCap to cut 5000 jobsMinneapolis Star Tribune, MN - 2 ResCap will also stop using external, wholesale brokers to originate loans but...
The Money Times ResCap may be on brink of closing doorsMinneapolis Star Tribune, MN - 7 Pelted by a wave of home mortgage foreclosures...
Report: Rescap parent GMAC will need more US supportBizjournals.com, NC First-quarter results released Tuesday show some improvement in GMAC's mortgage operations. Net losses for ResCap,...
ResCap suing brokers who originated bad mortgage loans Minneapolis Star Tribune, MN - 11 The Bloomington-based warehouse lender alleges that defendants misrepresented data on borrowers...
GMAC to keep making home loansMinneapolis Star Tribune, MN - 30 Dec 2008 By BOB IVRY, Bloomberg News GMAC's mortgage -lending unit will continue to make...
Neighbors sue to try to stop eviction of Minneapolis womanMinneapolis Star Tribune, MN She faces trial next Tuesday in district court over an attempt by...
ResCap endangered, GMAC warnsBizjournals.com, NC - 5 Nov 2008 This included closing all GMAC Mortgage retail offices, ceasing originations through the Homecomings wholesale broker channel and...
Trial to stave off activist's eviction gets pushed back for more talksMinneapolis Star Tribune, MN GMAC Mortgage wants "further conversations" with Rosemary Williams and...
Misplaced blame at the heart of stories like Rosemary's Minneapolis Star Tribune While negotiations with the current owner, GMAC Mortgage (servicing...
News of the WeirdMinneapolis Star Tribune, MN - 3 ... whose client is suing GMAC Mortgage , because Webb had submitted 465 pages, with...
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