GMAC Financial Services will get a $3.8-billion boost in federal aid as the auto industry’s key lender to consumers and related businesses struggles to regain its financial footing. The lifeline ...

Now that it has received $6 billion in aid from the federal government, GMAC, General Motors' auto financing affiliate, is easing up its terms for writing new auto loans. That means you could have ...

In any event, before the latest infusion, GMAC had received $12.5 billion in taxpayer help. Still, GMAC is reeling because of losses associated with mortgages held by its ResCap unit which was in ...

GMAC Financial Services, the automaker's troubled financing arm, on Tuesday loosened its tight lending standards, which in recent months have made it more difficult for would-be car buyers to get ...

The Treasury Department said Monday that it will provide $5 billion to GMAC Financial Services LLC, the ailing financing arm of General Motors Corp., from the $700 billion bank rescue program.

WASHINGTON – Auto lender GMAC Financial Services will receive $7.5 billion in additional government aid to keep loans flowing to would-be buyers of GM and Chrysler vehicles and shore up its ...

WASHINGTON, March 11, 2010— -- A bailout watchdog warned Thursday that the three infusions of federal for troubled lender GMAC could end up costing taxpayers billions of dollars. In a new ...

Dec. 30, 2009— -- GMAC, the ailing financing arm of General Motors, is set to receive $3.8 billion in government aid, ABC News has learned.The funds will be the third infusion of federal ...