Congressional Oversight Panel wants to see "clear path to viability." WASHINGTON, March 11, 2010— -- A bailout watchdog warned Thursday that the three infusions of federal for troubled lender ...

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. The ...

The auto lending division of GMAC Financial Services is starting to claw its way back into business. GMAC today reported a wider loss overall of $675 million in the first quarter of 2009, versus a net ...

GMAC, the former lending arm of General Motors Co., is in talks with the Treasury Department for a third injection of taxpayer aid, a further sign of the U.S. government's entrenchment in the auto ...

WASHINGTON (MarketWatch) -- The Treasury Department on Thursday evening injected $7.5 billion into auto-financing company GMAC LLC, as part of a financial infusion that could reach $14 billion and ...

NEW YORK -- GMAC Financial Services, which provides both automotive and home loans, said Tuesday it posted a wider second-quarter loss of $3.9 billion as it transformed from an arm of General Motors ...

WASHINGTON – The Federal Reserve has granted a request by the financing arm of General Motors to tap the government's $700 billion rescue fund, bolstering GM's ability to survive. The Fed announced ...

The year 2009 and the decade of the "aughts" may be nearly over but that doesn't mean federal bailouts of financial institutions are. The U.S. Treasury will be pumping new money into GMAC Financial ...