NEW YORK, April 16 (Reuters) - GMAC LLC, the General Motors Corp financing affiliate that received a government bailout, said its mortgage unit is hiring 1,000 people to handle a surge in refinancings ...

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General Motors says the troubled mortgage industry and frozen credit markets have raised doubts that the mortgage business of its GMAC financial arm can survive. In a filing today with the Securities ...

Come August 23, GMAC’s auto lending business will be brought under the Ally Financial banner. While GMAC had already rebranded its other financial divisions, the auto business still went by GMAC. The ...

Chile, Friday, November 11, 2005 .- US home loan specialist Residential Funding Corporation (GMAC-RFC) will buy a stake in Chilean financial services group Grupo Security to develop mortgage loans and ...