Although there is the "slump" in the housing market right now, so GMAC is not so hot on doing its business, I see it as the economy balancing itself back out. GMAC will make rapid gains within the year, because I forsee the housing market jumping… More
Fools bullish on GMA
are also bullish on:
GM isn't going to have the continued capital to fund this arm, and GMAC’s Residential Capital LLC has lost $905 million. GMAC’s loss reflects ResCap’s drain as delinquencies on so-called subprime loans have climbed to a four-year high. S&P, Fitch,… More
Fools bearish on GMA
are also bearish on: