Please click here for the GMAC Financial Services Statement on Continuation of Direct Business with GM.

Please click here for the GMAC Financial Services Statement on General Motors Chapter 11 Filing.

About GMAC Residential Funding of Canada, Limited

GMAC Residential Funding of Canada, Limited is a finance company that specializes in residential mortgages and is owned by GMAC ResCap (Residential Capital, LLC).

About GMAC ResCap

GMAC ResCap (Residential Capital, LLC) an indirect wholly owned subsidiary of GMAC Financial Services, is a leading real estate finance company. ResCap's diversified businesses - GMAC-RFC, GMAC Mortgage, GMAC Bank, Ditech, and Homecomings Financial - cover the spectrum of the U.S. residential finance industry, from origination and servicing of mortgage loans through their sale or securitization in the secondary market. ResCap operates in selected international markets and also provides capital to other originators of mortgage loans and residential real estate developers.

GMAC Financial Services

GMAC is a bank holding company with operations in North America, South America, Europe and Asia-Pacific. GMAC specializes in automotive finance, mortgage operations, insurance, commercial finance and online banking. As of March 31, 2009, the company had approximately $180 billion in assets and serviced 15 million customers around the world. Visit the GMAC media site at http://www.media.gmacfs.com/ for more information.