GMAC ResCap
Defunct residential mortgage company, formerly a subsidiary of GMAC
Last updated August 25, 2026
Overview
GMAC ResCap was a mortgage subsidiary of GMAC, severely impacted by the 2008 financial crisis, filed for bankruptcy in 2013, and its assets were sold.
Recent events
- 2013GMAC ResCap files for bankruptcy
GMAC ResCap filed for Chapter 11 bankruptcy in May 2013, citing billions in losses from the housing crisis.
Bankruptcy
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