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In 2012, the British banking group, Lloyds Banking Group, acquired GMAC Mortgage's loan servicing operations. The acquisition was part of a broader strategy to expand its presence in the U.S. mortgage market. The loan servicing operations were later rebranded under the name "Ally Financial" after GMAC's transformation into a more diversified financial services company.

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4d ago

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Related Questions

Where can one find out more about a GMAC car loan?

One can find out more about a GMAC car loan by visiting their official website. There are also a lot of companies that offer this kind of loan, like carsdirect.


How can I check the status of my loan with CSC Loan Servicing?

To check the status of your loan with CSC Loan Servicing, you can log in to their online portal or contact their customer service for assistance.


i bought a car from gmac dealer but its not a gm . i bought the extended warranty?

Good for you, what's your question?


What kind interest rates are available through GMAC finance?

GMAC has interest rates depend on where the loan is being taken out at in the country, the general interest rate of the economy at the time and the buyers credit. The GMAC loan is not for everyone, and only applied to certain people purchasing only a GM car.


Where can one find information on GMAC loans?

One can find more information on GMAC loans from the following sources: Cars Direct, General Motors, National Mortgage Settlement, Mortgage Loan, GMAC Mortgage.


What is the interest rate on a Gmac mortgage loan right now?

The interest rate of a Gmac mortgage loan is very variable. Based on the amount of time to pay it, the interest rate and total payout will increase with additional time.


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.


If you have problems repaying your loan you should contact?

A. The Direct Loan Servicing Center .


Can I get direct loans servicing for student loans?

Direct loan servicing is available for student loans. The following website provides additional information: yesiamcheap.com/2011/03/hate-direct-student-loan-servicing/


Do auto loans from GMac require a down payment?

GMAC was set up in order to provide financing for car buyers through their network or dealerships. In order to make make an auto loan from GMAC the individual would need a down payment.


What is charges such as collecting loan fees and the interest the customer pays on the loan?

servicing fee


When did Countrywide home loan servicing merge with BAC Home Loans Servicing?

When did they become a part of bankofameerica