GMAC ResCap, Inc. was a residential mortgage loan originator and servicer based in Minneapolis, United States. As a result of its exposure to subprime lending during the subprime mortgage crisis, the company filed for bankruptcy protection in 2012 and underwent liquidation in December 2013.

Quick facts: Type, Industry, Founded, Defunct, Fate...
GMAC ResCap, Inc.
IndustryFinancial services
Founded1982 (1982)
DefunctDecember 17, 2013 (2013-12-17)
FateChapter 11 bankruptcy and liquidation
HeadquartersMinneapolis, Minnesota
ProductsMortgage loans
ParentAlly Financial

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