GMAC announces job cuts, including 10 in Waterloo
Story date: 2007-10-18 09:57:00
Added on: 2007-10-18 12:00:25
Waterloo Cedar-Falls Courier - Subprime borrowers have had trouble making their payments, and stagnant or falling home prices have made it harder for them to refinance. That has made investors wary of buying the loans from originators like ResCap, squeezing the finances of GMAC ...
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