Who bought gmac loan servicing?

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1164307

2026-04-05 02:40

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In 2012, the British banking group, Lloyds Banking Group, acquired GMAC Mortgage's loan servicing operations. The acquisition was part of a broader strategy to expand its presence in the U.S. mortgage market. The loan servicing operations were later rebranded under the name "Ally Financial" after GMAC's transformation into a more diversified financial services company.

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