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Ally Financial Leads U.S. Industry in Consumer and Dealer Auto Financing - Sacramento Bee
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Ally CEO Carpenter Says IPO on Hold Until Mortgage Woes Ease - San Francisco Chronicle
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Ally says it expects to pay $270M in foreclosure penalties - The Detroit News
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Mortgage, foreclosure issues top AG's complaint list for the first time - Boston.com
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Taxpayers Still on the Hook for $133B from Bailouts - Fox Business
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Taxpayers Still on the Hook for $133B from BailoutsFox Business... are still owed $132.9 billion on investments in 458 bailed-out banks and companies, including failed insurer American International Group (AIG), General Motors (GM) and Ally Financial, the troubled auto and mortgage lender formally known as GMAC.and more » |
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Bank moves to seize Saabs at port - Pacific Coast Business Times
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Bank moves to seize Saabs at portPacific Coast Business TimesAlly Financial is the new name of GMAC, GM's in-house finance arm for consumers and dealers until it spun off in 2006. By that time, its books had become bloated with questionable home loans in addition to its automotive loans.and more » |
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Western Mass. Chambers Pool Resources - Business West
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Western Mass. Chambers Pool ResourcesBusiness WestFiled against Bank of America, Wells Fargo, JP Morgan Chase, Citi, and GMAC, the lawsuit sues the banks for their role in allegedly pursuing illegal foreclosures on properties in Massachusetts as well as deceptive loan servicing. |
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