GLG News Analyses of the following article:GMAC considers sale of troubled ResCap
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Published at: www.ft.com
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One more consideration - RFC's market niche may be eroding
February 7, 2008
This is an important article because it is detailing the possible exit from the mortgage business of another player that only dealt minorly in the subprime world, if at all. One of the considerations not discussed in the article is the effect of the potential Economic Stimulus Plan specifically on conduits such as ResCap RFC.
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