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Loan Modification

: Loan Modification & Home Loan News

GMAC To Get $3.5 Billion More From the US Treasury

By Moe Bedard

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DETROIT, Dec. 30 (UPI) — The U.S. Treasury Department is set to extend $3.5 billion in new TARP funding to automobile finance firm GMAC, sources close to the deal said. The company has already received $13.4 billion from the $700 billion Troubled Asset Relief Program that was designed to bail out financial firms, The Detroit News [...]

Full post as published by Loan Modification & Home Loan News on December 30, 2009 (boomark / email).

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