Frequently Asked Questions About Your GM Supplier Discount ...
loans made to borrowers with patchy credit histories. Born of weaker lending staidards in 2005 and partic-ularly 2006 as the housing market slowed, the dis-tressed mortgages have come back to haunt many lenders. Dozens have had to shut their doors. Others, such as GMAC's mortgage unit, have suffered losses. • The mortgage unit Resi- ................
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