In the largest settlement of its kind to date, more than 500,000 home mortgage borrowers nationwide could be eligible for refunds totaling in the millions of dollars for alleged overcharges on their ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. The government on Wednesday provided a fresh $3.8 billion cash infusion to stabilize GMAC Financial Services as the financing ...
And now let's learn more about GMAC, the huge finance company we just mentioned. It's the most recent beneficiary of a government bailout, and it's best known for its links to the automaker General ...
GENEVA (Dow Jones/AP) -- General Motors Corp. chief executive Rick Wagoner on Wednesday acknowledged that loans to high-risk borrowers have hurt the auto maker's former financing unit, GMAC Financial ...
NEW YORK, July 30 (Reuters) - GMAC, the finance company in which General Motors Corp sold a majority stake, posted a 63 percent decline in second-quarter profit on Monday, hurt by losses in its home ...