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- GMAC_ResCap abstract "GMAC ResCap (Residential Capital) is a financial service company that focuses on residential estate loans. It was part of GMAC which was then taken over by Ally Financial. Its corporate headquarters are in Minneapolis, Minnesota. Its subsidiaries include GMAC Mortgage and online home lender Ditech.On May 15, 2012, Ally put the company into bankruptcy. ResCap posted a $402 million loss in 2011 and had missed a $20 million payment on unsecured debt on April 17, 2012. ResCap listed $10.9 billion in mortgages on December 31, 2012, after wiping $22 billion in mortgages off its books in 2009, 2010 and 2011. The company had booked a substantial number of subprime mortgages. The bankruptcy was seen as a step by Ally to exit the mortgage business to focus on its profitable auto loan and direct banking business.".
- GMAC_ResCap industry Financial_services.
- GMAC_ResCap location Minneapolis.
- GMAC_ResCap location Minnesota.
- GMAC_ResCap location United_States.
- GMAC_ResCap numberOfEmployees "14000".
- GMAC_ResCap parentCompany Ally_Financial.
- GMAC_ResCap product Mortgage_loan.
- GMAC_ResCap type Subsidiary.
- GMAC_ResCap wikiPageExternalLink www.gmacrfc.co.uk.
- GMAC_ResCap wikiPageExternalLink www.gmacrfc.com.
- GMAC_ResCap wikiPageID "8295684".
- GMAC_ResCap wikiPageRevisionID "548794215".
- GMAC_ResCap companyLogo File:GMAC-RFC.JPG.
- GMAC_ResCap companyName "GMAC-RFC".
- GMAC_ResCap companySlogan "GLOBAL resources behind you. TRUSTED PARTNERS beside you.".
- GMAC_ResCap companyType Subsidiary.
- GMAC_ResCap hasPhotoCollection GMAC_ResCap.
- GMAC_ResCap industry Financial_services.
- GMAC_ResCap location Minneapolis.
- GMAC_ResCap location Minnesota.
- GMAC_ResCap location "USA".
- GMAC_ResCap numEmployees "14000".
- GMAC_ResCap parent Ally_Financial.
- GMAC_ResCap products Mortgage_loan.
- GMAC_ResCap subject Category:Ally_Financial.
- GMAC_ResCap subject Category:Companies_based_in_Minneapolis,_Minnesota.
- GMAC_ResCap subject Category:Financial_services_companies_of_the_United_States.
- GMAC_ResCap subject Category:Mortgage_lenders.
- GMAC_ResCap type Abstraction100002137.
- GMAC_ResCap type CompaniesBasedInMinneapolis,Minnesota.
- GMAC_ResCap type Company108058098.
- GMAC_ResCap type FinancialServicesCompaniesOfTheUnitedStates.
- GMAC_ResCap type Group100031264.
- GMAC_ResCap type Institution108053576.
- GMAC_ResCap type Organization108008335.
- GMAC_ResCap type SocialGroup107950920.
- GMAC_ResCap type YagoLegalActor.
- GMAC_ResCap type YagoLegalActorGeo.
- GMAC_ResCap type YagoPermanentlyLocatedEntity.
- GMAC_ResCap type Agent.
- GMAC_ResCap type Company.
- GMAC_ResCap type Organisation.
- GMAC_ResCap type Organization.
- GMAC_ResCap type Agent.
- GMAC_ResCap type SocialPerson.
- GMAC_ResCap type Thing.
- GMAC_ResCap comment "GMAC ResCap (Residential Capital) is a financial service company that focuses on residential estate loans. It was part of GMAC which was then taken over by Ally Financial. Its corporate headquarters are in Minneapolis, Minnesota. Its subsidiaries include GMAC Mortgage and online home lender Ditech.On May 15, 2012, Ally put the company into bankruptcy. ResCap posted a $402 million loss in 2011 and had missed a $20 million payment on unsecured debt on April 17, 2012.".
- GMAC_ResCap label "GMAC ResCap".
- GMAC_ResCap sameAs m.026zdm4.
- GMAC_ResCap sameAs Q5513697.
- GMAC_ResCap sameAs Q5513697.
- GMAC_ResCap sameAs GMAC_ResCap.
- GMAC_ResCap wasDerivedFrom GMAC_ResCap?oldid=548794215.
- GMAC_ResCap homepage www.gmacrfc.com.
- GMAC_ResCap isPrimaryTopicOf GMAC_ResCap.
- GMAC_ResCap name "GMAC-RFC".