Press Release

BACKED BY STRONG CLIENTS, GMAC MORTGAGE ANNOUNCES RECORD GROWTH

HORSHAM, Pa., - November 16, 2005 - GMAC Mortgage Corporation today
announced an increase in subservicing volume: a jump from $22.4 billion UPB
(unpaid principal balance) in second quarter 2005 to $32.5 billion UPB
in third quarter 2005. Ranked the country's fifth largest subservicer at
second quarter close, the company attributes its recent growth to
increased client originations and movement into niche products.

"Our clients are venturing more and more frequently into niche
products, or those that span the complete spectrum of asset grades, including
subprime loans," said Tom Donatacci, senior vice president, business
development. "As a result, GMAC Mortgage is experiencing a period of
significant growth. As a mega-servicer, we have the scalability to
comfortably handle this type of growth in our subservicing business."

According to Donatacci, the company expects subservicing demand to
remain strong throughout the remainder of 2005 and into 2006. "With a
subservicing portfolio in excess of $32.5 billion, we remain committed to
supporting our customers' efforts to capture market share, expand product
offerings and improve profitability."

A year and a half ago, GMAC Mortgage completed its conversion to a
single platform, capable of servicing any loan product, supporting any
brand or managing to any servicing requirement. This model has enabled GMAC
Mortgage to dramatically expand its servicing bandwidth, while reducing
overall costs and passing on this savings to its clients.

Today, GMAC Mortgage is able to service multiple mortgage loan
products, including first mortgages, HELOCs, unsecured consumer credit,
non-prime loans and non-performing loans. By outsourcing their servicing,
financial institutions and other businesses realize significant cost
savings, enhanced customer service, improved efficiency and greater product
diversity, all while mitigating operational risk.

About GMAC Mortgage
GMAC Mortgage Corporation, a wholly owned subsidiary of Residential
Capital Corporation (ResCap), is headquartered in Horsham, PA. GMAC
Mortgage is among the nation's top ten residential mortgage servicers and
originators. As of December 2004, the company's servicing portfolio of
more than $214 billion represents nearly 2 million customers throughout
the nation. GMAC Mortgage is an established leader in the development,
implementation and administration of customized subservicing programs for
financial institutions, government sponsored enterprises, specialty
finance companies, insurance companies, utility companies and investment
banking firms. The company offers a full range of branding options to
support the servicing of multiple products, including first mortgages,
home equity loans and lines and unsecured consumer credit, as well as
multiple asset grades, including non-prime and non-performing loans.

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