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Home : Home Mortgage Loan : Fixed Rate Mortgage : MSN Newsfeeds : GMAC fund-access woes may force cuts - Detroit News

GMAC fund-access woes may force cuts - Detroit News

This article related to: Fixed Rate Mortgage

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GMAC LLC, the financing arm of General Motors Corp., has "limited if any access to funding" for its mortgage and auto-lending units, Chief Executive Officer Al de Molina said in an e-mail Tuesday to employees. GMAC may trim auto lending in some ...
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