NEW YORK — GMAC Financial Services announced it has named a new chief operating officer. Taking that position is Alvaro de Molina, effective immediately. In this newly created role, officials said de ...
NEW YORK (Dow Jones/AP) General Motors Corp.s commercial mortgage unit can expect an investment-grade rating when its planned buyout is complete, a ratings agency said Monday.Fitch Ratings analysts ...
WILMINGTON, Del. - Delta Mills Inc.’s largest secured creditor, GMAC Commercial Finance, has vowed to block confirmation of the liquidating textile maker’s Chapter 11 plan, which sets out its scheme ...