answersLogoWhite

0


Best Answer

GMAC demand notes are not a reliable bet until the Government is no longer a stakeholder, when the government is no longer rewriting contracts, and not until after the bankruptcy is complete.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How safe is GMAC Demand Notes?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Was GMAC Mortgage ever affiliated with GreenTree Financial Corp?

Because of BK, GMAC sold its mortgages and notes and collection rights to Walter Management, who owns Green Tree. This happened the last week of January, 2013.


What is the address of GMAC?

What is the address for GMAC


Write notes price determination of demand 400 words?

Write notes price determination of demand 400 words


Will GMAC Financial survive?

I believe, GMAC will survive. The new guidelines that they are using for home mortgages are extremely safe. Fully documented income, fairly low loan to value loans, and solid credit history usually is a safe bet. Josh Harmatz Voyage Financial Group


Is mobile Alabama a safe place?

Of course it is a safe place .Why do you think they have so many major events.Events:Senior bowl Gmac bowl Bay Fest etc.


Why are gmac bonds not paying their interest?

How ridiculous to start such an unfounded rumor. Gmac arepaying the interest as it comes due exactly as agreed.I have purchased both the GMac bonds and the Smart Notes and am receiving (on time) a handsome return of over 7% in todays market.They are rated ccc and cca, there is some risk but certainly not the kind of risk this writer is trying to create.


When was GMAC Insurance created?

GMAC Insurance was created in 1939.


What is GMAC ResCap's population?

GMAC ResCap's population is 14,000.


How do you get lien release from gmac?

How do u get a lien release from gmac


When was GMAC Real Estate created?

GMAC Real Estate was created in 1998.


Does GMAC offer home insurance?

GMAC does offer homeowners insurance. You can find out more at their website. You can get a quote for the insurance online or through a local GMAC agent.


Did gmac mortgage take over wmc mortgage?

GMAC mortgage is no longer in business