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Does GMAC Mortgage LLC exist?

The company that used to be known as GMAC is now Ally Financial.Ally put the GMAC ResCap subsidiary (the one that included GMAC Mortgage) into bankruptcy in 2012, because of substantial losses; they wanted to get out of the mortgage business and focus on their highly profitable automotive financing business (General Motors Acceptance Company is where GMAC got its name from originally).This doesn't mean that a GMAC Mortgage LLC doesn't exist, but I'd be wary of dealing with them: if it's "really" GMAC, then they're in financial difficulty; if not, they're deliberately using a misleading name.


Did gmac mortgage take over wmc mortgage?

GMAC mortgage is no longer in business


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.


How do you find out if a company is still in business?

Is Merisel in business


Can a person sue a company that is no longer in business?

yes the company will be out of business it will still be sued


Is this company still in business?

Yes!


What sorts of home loans does GMAC offer?

GMAC was a bank that went out of business in February 2013. They gave their existing clients to Ocwen. Ocwen is not accepting any new loan applications.


Where is the home office for GMAC Car Insurance?

Founded in 1939, the GMAC car Insurance Company is head-quartered in Winston-Salem, North Carolina, USA. It is the only insurance company in the US to have been started from within the car industry.


What happens if your lender is bought by another company?

You have to pay the new company. It's still a debt and as such the debt was sold as an asset of the old company. It would be NICE if you didn't have to pay it, but you do. Yea, wouldn't it be nice if we didn't have to pay after the local finance company sold my note to GMAC?


What is the address of GMAC?

What is the address for GMAC


Is Merlite Designer Jewelry still in business?

This company is no longer in business. Unfortunately, they made a business decision and decided to shut down their company.


Is the Crescent Firearms Company still in business?

Been out of business for 75+ years