Residential Capital, LLC
Minneapolis, MN 55423 (Map) Phone: 952-857-7000
Fax: 952-918-3000
https://www.rescapholdings.com
Overview
Residential Capital (ResCap) is the holding company for most of the residential mortgage operations of 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. The company's Business Capital group provides financing to residential land developers and homebuilders, as well as to resort developers. ResCap originates loans through its direct network under the GMAC Mortgage and ditech brands.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Residential Capital, LLC
| Company Type | Subsidiary of GMAC Mortgage |
|---|---|
| Fiscal Year-End | December |
| Sales (mil.) | £5,612.3 |
| Employees | 10,300 |
Key People from Hoover's UK
Key people and executives for Residential Capital, LLC
| Chairman and CEO | Thomas (Tom) Marano (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| COO | Tony Renzi Connect to this executive |
| CFO, Principal Accounting Officer, and Director | James N. Young Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Residential Capital, LLC
There are 9 competitors for Residential Capital; see more.Significant Developments
View company events at Residential Capital, LLC such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Top Executive Change | Subscribers get full details -- view a sample |
