GMAC was formerly the finance arm of carmaker General Motors Losses at finance group GMAC have risen by more than a half after bad debts increased at its mortgage business. The company reported a loss of $3.9bn (£2.3bn) between April and June, up 56% on the $2.5bn loss it made a year ago. The loss included a $1.2bn charge related to the firm's conversion from a partnership into a public company. GMAC has...
Moishe Alexander Lending Blog
Learning about the Lending Process
The process of getting a loan can be fraught with danger. Fraud and scams can be avoided by due diligence and learning. But the lending process can be a positive experience and can help people achieve their dreams. My wish is that this site will help you past the hiccups and pitfalls to a place where getting a loan will be a happy experience.