answersLogoWhite

0

Should you sell GMAC bonds

Updated: 9/11/2023
User Avatar

Wiki User

16y ago

Best Answer

In a conference call CFO indicated that 2008 would be better than 2007 for GMAC; based on that one would expect there might be improvement in the value of GMAC bonds later in the year - so hold for now.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Should you sell GMAC bonds
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is gmac bonds likey to go into default?

the bonds are down 70%.....doesn't look good, does it?


Why are gmac bonds not paying their interest?

How ridiculous to start such an unfounded rumor. Gmac arepaying the interest as it comes due exactly as agreed.I have purchased both the GMac bonds and the Smart Notes and am receiving (on time) a handsome return of over 7% in todays market.They are rated ccc and cca, there is some risk but certainly not the kind of risk this writer is trying to create.


How do you sell your car when you still have a loan with GMAC for it how do they get paid?

you need to pay off GMAC to get it out of your name. Otherwise, GMAC will REQUIRE you maintain full coverage insurance on it as you still own it if you don't transfer the title. to get the title, you have to pay them off.


I neeed info on my GMAC accounts. Can you help me?

You should contact GMAC directly. I found the link for the contact information: http://www.gmacfs.com/us/en/contact/Contact%20Us/index.html. Refer to your GMAC account department.


What is the address of GMAC?

What is the address for GMAC


HOW Do people sell bonds that are not theres?

There are a type of bonds called bearer bonds. Whoever has them in their hands can sell them.


If you have a lease through GMAC and the car gets repossessed do you owe for the remaining payments or do you owe for the ACV of the car?

they sell the auto at an auction sell it to the highest bidder and you the remainder


When was GMAC Insurance created?

GMAC Insurance was created in 1939.


What is GMAC ResCap's population?

GMAC ResCap's population is 14,000.


How do you get lien release from gmac?

How do u get a lien release from gmac


What is the phone number for GMAC legal department regarding home mortgages?

GMAC.com lists many GMAC 800 numbers. Try one and ask for legal department. They should be able to help.


When was GMAC Real Estate created?

GMAC Real Estate was created in 1998.