Unique Treatment of General Motors Acceptance Corp. (GMAC) Under the TARP
GMAC notes, the achange in the U.S. mortgage market [since the second half of 2007] . . . limited [its] ability to securitize many nonconforming ... reducing the value of the collateral underlying ResCapa#39;s portfolio and leading to higher provisions for loan losses.154 GMAC states that amany of ... Any such margin calls harm ResCapa#39;s liquidity, results of operation, financial condition and business prospects.
| Title | : | Unique Treatment of General Motors Acceptance Corp. (GMAC) Under the TARP |
| Author | : | Elizabeth Warren |
| Publisher | : | DIANE Publishing - 2011-04 |
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