Residential Capital, LLC · Minneapolis, MN United States
| 1 Meridian Crossings. | Phone: 952-857-7000 |
| Minneapolis, MN | Fax: 952-918-3000 |
| 55423 | |
| United States |
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Company Description
Residential Capital (ResCap) is the holding company for most of the residential mortgage operations of Ally Financial, the lending arm of auto maker General Motors (GM). The company originates, services, and securitizes mortgage loans in the US and abroad. It also issues mortgage- and asset-backed securities and provides lines of credit to other residential mortgage writers. ResCap's Business Capital group provides financing to residential land developers and homebuilders, as well as to resort developers. The company originates loans through its direct network under the GMAC Mortgage and ditech brands.

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Financials
| Company Type | SubsidiarySingle Location |
|---|
| Fiscal Year-End | December |
|---|
| Employees | 6,100 |
|---|
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