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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (82421)7/30/2007 8:09:14 PM
From: Lazarus_LongRespond to of 306849
 
Can't be. It was just two weeks ago the market gurus on CNBC assured this meltdown was so small it would have NO EFFECT on the market. :-)
I was nervous before that, but that was when I got REALLY nervous.

n 1919, General Motors Acceptance Corporation was established to finance the sale of General Motors cars and trucks.
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Its other businesses include ResCap Holding, an umbrella company for GMAC's residential mortgage business, and GMAC Home Services, a real estate services subsidiary.
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ResCap Holding is the parent for GMAC Mortgage, GMAC-RFC, GMAC Bank, Ditech.com, and Homecomings Financial.

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