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GMAC Mortgage: 200 offices to close, cuts 5,000 workers

9-3-08 • CalculatedRisk.blogspot.com

On Sept. 2, 2008, a plan was approved that included closing all 200 GMAC Mortgage retail offices, ceasing originations through the Homecomings wholesale broker channel, further curtailing business lending and international business activities

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GMAC Mortgage: 200 offices to close, cuts 5,000 workers

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