Press Release

GMAC Mortgage Honored for Excellence by Freddie Mac

Horsham, Pa. - March 30, 2007 -

GMAC Mortgage, LLC has received Freddie Mac's highest honor, a Tier One Platinum performance ranking. Freddie Mac is a government-sponsored enterprise and the second-biggest financer of home loans in the United States. GMAC Mortgage was among 39 U.S. single-family mortgage servicers to receive honors of excellence for superior investor reporting and default management in 2006 from Freddie Mac.

"World-class servicing processes and platforms allow our associates to provide greater value and the highest levels of service for our homeowners and investors," said Tony Renzi, senior managing director and chief operating officer for GMAC ResCap's Residential Finance Group. "We are honored to receive this performance ranking from Freddie Mac."

In all, 28 companies were recognized as 2006 Tier One Platinum Servicers, and 11 as Tier One Gold Servicers. Tier One Platinum rankings are given to the largest servicers for attaining at least two quarters of superior performance in a year, while Gold servicers are smaller lenders that achieve a superior rating in investor reporting for two quarters in a year.

Freddie Mac, based in McLean, Va., ranks its servicers in areas such as: investor reporting, minimizing credit losses, and helping delinquent borrowers avoid foreclosure. A superior rating in default management is based on an averaged annual calculation.

"I want to personally thank Tony and the GMAC team for their hard work, persistence and commitment to excellence," said Janet Eakes, senior vice president of single family sourcing operations for Freddie Mac. "Our Tier One rankings go only to those few mortgage servicers like GMAC Mortgage who demonstrate the performance, efficiency, and customer service that can serve as a benchmark for our industry."   

About GMAC Mortgage
GMAC Mortgage, LLC is among the nation's top ten residential mortgage originators and servicers. The company originates first and second lien residential mortgage loans through a nationwide network of 300 retail offices, direct lending centers, and Internet sites, http://www.gmacmortgage.com and http://www.ditech.com. GMAC Mortgage is an indirect subsidiary of GMAC ResCap (Residential Capital, LLC), a leading real estate finance company, focused primarily on the residential real estate market in the United States, Canada, Europe, Australia and Latin America. The company's diversified businesses -- GMAC-RFC, GMAC Mortgage, LLC, ditech.com, GMAC Bank, GMAC Real Estate, and Homecomings Financial, LLC -- cover the spectrum of the U.S. residential finance industry, from origination and servicing of mortgage loans through their securitization in the secondary market. GMAC ResCap also provides capital to other originators of mortgage loans, residential real estate developers, resort and timeshare developers and healthcare companies.

GMAC ResCap (http://www.gmacrescap.com) is an indirect wholly owned subsidiary of GMAC Financial Services.

GMAC Financial Services is a global, diversified financial services company that operates in approximately 40 countries in automotive finance, real estate finance, insurance and commercial finance businesses. GMAC was established in 1919 and currently employs about 31,400 people worldwide. At Dec.31, 2006, GMAC held more than $287 billion in assets and earned net income for 2006 of $2.1 billion on net revenue of $18.2 billion. For more information, please go to http://www.gmacfs.com.                                                                

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