GMAC

General Motors was a deeply troubled company in 2008.Eh. Make that deeply, deeply, deeply troubled.So was its finance arm, GMAC, which had plunged…

Detroit's Ally Bank, formerly known as GMAC, says it will sell off foreign subsidiaries and put its mortgage division into bankruptcy, in an attempt to…

One of the biggest office buildings in Grand Rapids sold for $34 million at a public foreclosure auction today. The 17-story blue-glass Bridgewater Place…