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GMAC Sells $250M in Problem Mortgages as CFO Steps Down

...of last year was largely the result of ""legacy assets in the mortgage operations."" As ""DSNews.com previously reported"":http://dsnews.comarticles/rescaps-ditech-operations-relocating-to-pennsylvania-2010-02-08, the company has already begun downsizing and consolidating its mortgage businesses, including...

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ResCap’s Ditech Operations Relocating to Pennsylvania

""GMAC Financial Services"":http://www.gmacfs.com has announced plans to relocate its ""Ditech"":http://www.ditech.com business, which is part of the company's mortgage subsidiary Residential Capital, LLC (ResCap), to the corporate center in Fort Washington,...

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