Residential Capital, LLC

1 Meridian Crossings.
Minneapolis, MN 55423 (Map)
Phone: 952-857-7000
Fax: 952-918-3000
https://www.rescapholdings.com

Hoover's coverage by Laura Huchzermeyer

Overview

Residential Capital (ResCap) is the holding company for most of the residential mortgage operations of Ally Financial (formerly GMAC), 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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Key Numbers from Hoover's UK

Key financials for Residential Capital, LLC

Company Type Subsidiary of GMAC Mortgage
Fiscal Year-End December
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Key People from Hoover's UK

Key people and executives for Residential Capital, LLC

Chairman and CEO Thomas (Tom) Marano
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CFO and Director James N. Young
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Top Competitors from Hoover's UK

Top competitors of Residential Capital, LLC

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