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Who owns GMAC?

Parent/subsidiary companies: GMAC is 51 percent owned by an investor group led by Cerberus Capital Management, with the rest held by General Motors. GMAC has several lending subsidiaries including GMAC-RFC Holding Co. LLC, Residential Funding Co. LLC, and Homecomings Financial LLC.

What is GMAC now called?

Ally Financial Inc. (previously known as GMAC) is a bank holding company organized in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.

What happened to GMAC bank?

In May 2009, GMAC Bank was rebranded as Ally Bank. Ally Financial - Wikipedia wikipedia.org wiki AllyFinancial wikipedia.org wiki AllyFinancial

Who took over GMAC?

The soon-to-be-former GMAC became a bank holding company, later renamed Ally Financial, when GMAC accepted a U.S. government bailout in late 2008. Under Ally, ResCap eventually filed for bankruptcy protection in 2012. In December 2013, GM finally sold its last remaining 8.5 percent stake in Ally. Getting A Car Loan and Wondering Whatever Happened To ? - Forbes forbes.com sites jimhenry 2015/10/31 forbes.com sites jimhenry 2015/10/31

Who is GMAC mortgage now?

Originally a part of General Motors GMAC stands for General Motors Acceptance Corporation GMAC is now owned by Ally Financial.

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