Gmac Properties

GMAC CEO Alvaro de Molina Steps Down

AP | DAN STRUMPF | Posted 05.25.2011

Read More: Gmac, Alvaro De MOlina, GMAC CEO, Gmac-Properties, Gm, Bailout, Business News

NEW YORK — GMAC Financial Services says Alvaro de Molina has stepped down as CEO, a surprise departure that comes as the troubled auto lender re...

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Six Companies To Get $10 Billion Each In Mortgage Rescue Program

AP | MARTIN CRUTSINGER and ALAN ZIBEL | Posted 05.25.2011

Read More: Saxon Mortgage Services, Mortgage Foreclosure Program, Gmac Properties, Home Foreclosure Mortgage, Housing Crisis, Select Portfolio, Jpmogran, Citigroup, Wells Fargo, Business News

WASHINGTON — The Obama administration on Wednesday named the first six companies participating in a $75 billion program designed to help million...

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