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Gmac Car Loans Headlines

Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales: Cars - Bloomberg


Bloomberg

Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales: Cars
Bloomberg
Enlarge image Auto Loans Auto Loans Daniel Acker/Bloomberg Joe DeLucia looks over a Dodge Ram pickup at Sam Leman Chrysler, Dodge, Jeep in Peoria, Illinois, on Jan. 27, 2012. Enlarge image Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales Auto ...

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IN RE SMITH - Leagle.com


IN RE SMITH
Leagle.com
The issue to be determined is whether a secured creditor with a so-called "910-day car claim" is entitled to a unsecured claim after a surrender and sale of the vehicle which results in the a debtor's inability fully satisfy the loan.

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Ally Financial posts Q4 loss on mortgage charge - Reuters


Ally Financial posts Q4 loss on mortgage charge
Reuters
(Reuters) - Ally Financial Inc, an auto and mortgage lender majority owned by the US government, posted a preliminary fourth-quarter loss as it took a charge related to the settlement of foreclosure abuses. Ally, formerly known as GMAC Financial ...
Ally Financial Reports Preliminary Fourth Quarter and Full Year 2011 Financial ...MarketWatch (press release)

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Illusion Of Economic Recovery – Feelings & Facts - The Market Oracle


The Market Oracle

Illusion Of Economic Recovery – Feelings & Facts
The Market Oracle
It's bullshit. Remember GMAC? You bailed them out when all their subprime auto and mortgage loans went bad in 2009. They have a brand new business plan. Change your name to Ally Bank and start making as many subprime auto loans as possible.

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Auto Outlook: Obama praises US auto comeback - UPI.com


Auto Outlook: Obama praises US auto comeback
UPI.com
Obama's decision early in his presidency to back Detroit by extending billions in loans to General Motors and Chrysler has paid off. Without mentioning anyone by name, the president has repeatedly pointed out some people opposed the auto industry ...

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Bank moves to seize Saabs at port - Pacific Coast Business Times


Bank moves to seize Saabs at port
Pacific Coast Business Times
The bank claims the cars are collateral for $61 million in financing on which Saab defaulted. Ally sought control over the vehicles in a lawsuit filed in Ventura County Superior Court on Dec. 27, marking the latest in a series of blows for Saab.

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The Model T Way of Life is Gone - MyFox Detroit


The Model T Way of Life is Gone
MyFox Detroit
And he did not extend it to his customers. Instead, a buyer could purchase a car on layaway. That's when General Motors stepped in, creating GMAC, its finance arm that allowed people to buy automobiles on installment payments. You might say mass credit ...

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