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.
the bonds are down 70%.....doesn't look good, does it?
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.
GMAC mortgage is no longer in business
what is the address of alva de moline, the ceo of gmac mortgage
no they sell at their present value
the bonds are down 70%.....doesn't look good, does it?
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.
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.
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 for GMAC
There are a type of bonds called bearer bonds. Whoever has them in their hands can sell them.
they sell the auto at an auction sell it to the highest bidder and you the remainder
GMAC Insurance was created in 1939.
GMAC ResCap's population is 14,000.
How do u get a lien release from gmac
GMAC.com lists many GMAC 800 numbers. Try one and ask for legal department. They should be able to help.
GMAC Real Estate was created in 1998.