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To: John W

I guess Ditech and subprime car loans weren’t such a great cash cow after all.


2 posted on 02/12/2008 4:49:53 AM PST by oblomov (Molok Obama is so inspirational. He inspires me to offshore assets & buy as many guns as I can.)
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To: oblomov

I was wondering if GMAC Mortgage played a part in this.


4 posted on 02/12/2008 4:53:25 AM PST by DCPatriot ("It aint what you don't know that kills you. It's what you know that aint so" Theodore Sturgeon))
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To: oblomov

Ditech sucks money from the auto financing and GMAC is an A paper only car loan venue....................18% only are across the board A paper...........a losing percentage..


18 posted on 02/12/2008 5:49:37 AM PST by advertising guy (if computer skills named us , I'd be backspace ,delete.)
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