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Loan Modification

: The Truth About Mortgage.com

ResCap to Cut More Than 300 Jobs

By scot184

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Residential Capital (ResCap), the money-burning real estate finance arm of GMAC, is expected to slash more than 300 jobs at locations in Costa Mesa, California and Charlotte, North Carolina. The Charlotte office will be shut down entirely, while the Costa Mesa office will retain roughly 30 people, according to a company spokeswoman. Many of the job losses [...]

Full post as published by The Truth About Mortgage.com on February 03, 2010 (boomark / email).

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