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IPFS News Link • Economy - Economics USA

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

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

1 Comments in Response to

Comment by Ron Moss
Entered on:

GMAC owned another Co called MortgageIT. They stoled from me a $10,000 payment I made to return a required Equity Loan to start my refinance that I didnot need. They cashed it but didnot credit my account with it. They were thieves in disguise.
Long live their retirement

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