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Cars? What cars? GMAC makes more on mortgages, insurance (Detroit News)
NEW YORK -- The General Motors Corp. financing arm may make most of the company's money, but lately that unit has less and less to do with financing car loans.
Industry Veteran and Former GMAC Mortgage Exec Rejoins Company as Senior VP (Business Wire via Yahoo! Finance)
GMAC Mortgage Corp. is pleased to announce the return of industry veteran Tom Donatacci to its senior management team. An executive with the company's Capital Markets operation in the late 1990's, Donatacci rejoins as Senior Vice President in the Business Development Group, a fast-growing business unit, where he will assume responsibility for all third-party subservicing sales and marketing.
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