GMAC LLC 7.375% NOTE GOM (NYSE)

(WASHINGTON)Automotive and mortgage lender GMAC LLC spent $740,000 lobbying in the second quarter on legislation related to mortgage lending, banking and other issues, according to a recent di...READ MORE

(NEW YORK)Standard & Poor's Ratings Services on Thursday cut its ratings for all three of the U.S.-based automakers further into junk status, citing worries about their mounting cash losses ...READ MORE

(WASHINGTON)Automotive and mortgage lender GMAC LLC spent $410,000 in the first quarter lobbying on several bills related to mortgage lending and other issues, according to a disclosure report...READ MORE

(NEW YORK)Finance company GMAC LLC has obtained a new $11.4 billion credit line and will use part of it to fund a $3.5 billion credit line for mortgage subsidiary Residential Capital LLC, GM...READ MORE

(MINNEAPOLIS)GMAC LLC said Wednesday it completed a more than $60 billion refinancing and funding package aimed at improving the liquidity of its struggling subsidiary, mortgage lender Resident...READ MORE

(NEW YORK)Residential Capital LLC, the mortgage lending unit of GMAC LLC, said Tuesday it needs more than three times more cash to stay in business than it estimated just weeks ago.READ MORE

(MINNEAPOLIS)Residential Capital LLC, GMAC's struggling mortgage lending unit, said Wednesday it is extending the deadline for bondholders to swap $14 billion of notes to 9 a.m. EDT, in a m...READ MORE