GM Set to Close Deal on Car Loan Financer AmeriCredit

General Motors will once again have its own in-house financing unit starting Friday, when the auto giant closes on its $3.5 billion purchase of AmeriCredit. The new unit, to be renamed General Motors Financial, will allow GM to…

GMAC Mortgage Stops Foreclosures in 23 States

GMAC Mortgage told its agents and brokers to stop foreclosures on homes in 23 states, including Florida, Illinois, Indiana and Ohio.
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