Press Releases

Look here for the latest news and information on GMAC Mortgage and its affiliated companies. The media contact form and consumer services page are useful tools for reporters seeking information on GMAC Mortgage or to arrange an interview with a subject matter expert.

10-25-2007 - GMAC ResCap to Offer Mortgage Relief to Customers Affected By California Wildfires

07-20-2007 - Keychain Alliance Offers Keys to Hope for Homeowners: On the Ground Team Tackles Foreclosure Issue Head-On

04-04-2007 - GMAC Mortgage Names Winners of "Pay My Holiday Bills" Sweepstakes

04-02-2007 -

BuilderPower by GMAC Mortgage Names Its 2007 International Builders' Show Sweepstakes Winner

04-02-2007 -

Win a Year of Free Mortgage Payments from ditech.com

04-02-2007 -

New Jersey Homeowner Wins $25,000 Grand Prize in ditech.com Sweepstakes

04-02-2007 -

GMAC Mortgage Names Director of National Builder Division

04-02-2007 -

GMAC Mortgage Honored for Excellence by Freddie Mac

04-02-2007 -

GMAC Mortgage Selects Dorado to Provide Personalized Web Sites for its Retail Loan Officers

12-07-2006 - GMAC MORTGAGE TO PROVIDE INTERIM SUBSERVICING FOR METROCITIES MORTGAGE

12-07-2006 - Consumers with Rewards Cards Not Reaping Full Benefits

12-04-2006 - Residential Capital, LLC Announces Pricing of $1.25 Billion Debt Issuance

11-30-2006 - ditech.com Makes Enhancements to Web Site

11-28-2006 - LOAN CENTER OF CALIFORNIA CHOOSES GMAC MORTGAGE AS INTERIM SUBSERVICER

11-21-2006 - GMAC Mortgage Survey Shows That Americans Will Take Control of Holiday Purchases

11-08-2006 - Integrating Servicing Operations to Enhance Customer Service; Improve Operating Efficiencies the Vision of Creating a "Debt Servicing Utility"

10-18-2006 - ResCap Honored at Great Place to Work Worldwide

10-17-2006 - ditech.com Offers Free Year of Mortgage Payments in $25,000 ditech.com Sweepstakes

10-17-2006 - Milk Jugs in the Fight to Reduce Foreclosures

10-12-2006 - HOMEOWNERSHIP PRESERVATION FOUNDATION GIVES $350,000 IN GRANTS TO SUPPORT MILITARY HOMEOWNERS

09-27-2006 - ditech.com Names Powers General Manager

09-11-2006 - Residential Capital Corporation Names Giertz CFO

08-21-2006 - ResCap Appoints Kenneth Fischbach to Managing Director, Investor Relations

08-15-2006 -  ForSaleByOwner.com Selects ditech.com as Online Mortgage Services Provider

05-31-2006 - DITECH.COM ENHANCES PAPERLESS MORTGAGE EXPERIENCE FOR CUSTOMERS. eWelcome Provides Speed and Convenience to Mortgage Application Process.

05-31-2006 - HOMEOWNERSHIP PRESERVATION FOUNDATION NAMES HERNANDEZ AS PRESIDENT AND EXECUTIVE DIRECTOR. Affordable Housing Advocate Colleen Hernandez to lead nonprofit dedicated to preventing foreclosures with national 888-995-HOPE hotline.

05-24-2006 - GMAC-RFC SECURITIES NAMES ROBERT COLE HEAD OF TRADING

05-19-2006 - RESCAP REPAYS ALL INTER-COMPANY GMAC DEBT AHEAD OF SCHEDULE

05-11-2006 - RESIDENTIAL CAPITAL CORPORATION ANNOUNCES PRICING OF INAUGURAL EUR 750 MILLION AND GBP 400 MILLION DEBT ISSUANCE

04-11-2006 - RESIDENTIAL CAPITAL CORPORATION ANNOUNCES PRICING OF $3.5 BILLION OF SENIOR AND SUBORDINATED NOTES AND WILL ELIMINATE ALL DOMESTIC AFFILIATE DEBT

04-10-2006 - RESIDENTIAL CAPITAL CORPORATION ANNOUNCES OFFERINGS OF SENIOR AND SUBORDINATED NOTES; Will Complete Repayment of All Domestic Affiliate Borrowings

04-03-2006 - GM REACHES AGREEMENT TO SELL CONTROLLING STAKE IN GMAC: Cerberus Led Consortium To Buy 51 Percent Of GMAC Equity, GM To Receive $14 Billion In Cash Over Three-Year Period

02-21-2006 - GMAC BANK LAUNCHES INNOVATIVE WHOLESALE WEB FUNCTIONALITY: Web Application Allows GMAC Bank Correspondents and Brokers to “Get Scenario” Instantly On Products and Pricing For Customers

11-30-2005 - GMAC MORTGAGE HIRES TWO SUBSERVICING VETERANS

11-16-2005 - BACKED BY STRONG CLIENTS, GMAC MORTGAGE ANNOUNCES RECORD GROWTH

10-24-2005 - DITECH.COM SURVEY REVEALS HOMEOWNERS MAY BE OVERLOOKING HELPFUL PERSONAL FINANCE OPTIONS

10-24-2005 - GMAC MORTGAGE TAKES FIRST STEP TO SERVICE eMORTGAGES

09-09-2005 - Homecomings Financial Offers Emergency Mortgage Relief and Counseling to More Than 14,000 Households Affected by Hurricane Katrina

08-31-2005 - GMAC MORTGAGE ANNOUCES SENIOR EXECUTIVE APPOINTMENTS

08-31-2005 - GMAC MORTGAGE ANNOUCES SENIOR EXECUTIVE APPOINTMENTS

08-03-2005 - GMAC MORTGAGE & MASTERCARD AWARD $150,000 TO SWEEPSTAKES WINNER

08-01-2005 - GMAC MORTGAGE APPOINTS JIM FERRITER AS EXECUTIVE VICE PRESIDENT, RETAIL LENDING AND GM DIRECT

08-01-2005 - GMAC MORTGAGE APPOINTS DAVE STADLER SENIOR VICE PRESIDENT

07-20-2005 - INDUSTRY VETERAN AND FORMER GMAC MORTGAGE EXEC REJOINS COMPANY AS SENIOR VP

07-19-2005 - GMAC Mortgage Survey Reveals Consumers Lack Knowledge About Credit Ratings. - 62% Unaware of the Most Favorable Credit Score to Obtain the Best Mortgage Rate - Only 42% Realize the Importance of Payment History and the Impact on Credit Scores

05-05-2005 - GMAC CAPITALIZES NEW RESIDENTIAL MORTGAGE SUBSIDIARY; ELECTS JACOB AND MELZER TO BOARD OF DIRECTORS

03-29-2005 - GMAC MORTGAGE SURVEY REVEALS CONSUMERS WANT MORE INFORMATION ON HOME FINANCING. Financial Concerns are the Greatest Obstacle to Achieving Homeownership.

03-16-2005 - GMAC Mortgage Survey Reveals Consumers Want More Information on Home Financing. Financial Concerns are the Greatest Obstacle to Achieving Homeownership.

10-20-2004 - GM, GMAC MORTGAGE AND DITECH.COM INTRODUCE JOINT CUSTOMER APPRECIATION PROGRAM. New GMAC Mortgage and ditech.com Homebuyers rewarded with $500 appreciation certificate good towards the purchase of eligible new GM vehicle.

09-30-2004 - SMART COMMUTE PROGRAM PROMOTES HOMEOWNERSHIP NEAR PUBLIC TRANSPORTATION THROUGH FAVORABLE FINANCING TERMS. GMAC Mortgage to participate in Fannie Mae's Smart Commute initiative in New Jersey

09-15-2004 - BI-LINGUAL MILITARY PERSONNEL RECRUITED FOR LATINO HOMEOWNERSHIP PUSH BY U.S. DEFENSE DEPARTMENT, FREDDIE MAC, MORTGAGE BANKERS ASSOCIATION, NATIONAL PUERTO RICAN COALITION. WELCOME HOME Gives Free Professional Training, Pursuit of Mortgage Industry Job Options.

07-22-2004 - GMAC MORTGAGE CORPORATION ANNOUNCES AGREEMENT TO ACQUIRE ASSETS OF PACIFIC REPUBLIC MORTGAGE

05-22-2004 - GMAC MORTGAGE SPONSORS A HABITAT WOMEN BUILD DAY

05-11-2004 - GMAC MORTGAGE EQUITY REWARDS MASTERCARD HELPS CARDHOLDERS PAY DOWN MORTGAGES FASTER

05-07-2004 - MORE THAN 400 VOLUNTEERS FROM GMAC MORTGAGE TO PARTICIPATE IN 2004 SUSAN G. KOMEN PHILADELPHIA RACE FOR THE CURE