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Real Estate & Property Law

: Housing Wire

Despite ResCap?s $981 Million Loss, GMAC Posts Gain

By DIANA GOLOBAY

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GMAC Financial Services — the captive financing arm of General Motors Corp. (GM: 2.84 -1.73%) — on Tuesday reported a $7.5 billion quarterly net income for all of its businesses. The earnings statement comes weeks after the close of a volatile December, when outlook about the company ranged from doubt in its sustainability outside of [...]

Full post as published by Housing Wire on February 03, 2009 (boomark / email).

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