GMAC Residential Capital Mortgage

GMAC Mortgage refers to the mortgages originated at General Motors Acceptance Corporation, which is now known as Ally Financial. It was a part of GMAC ResCap, which no longer exists and has been sold in parts to different companies, such as Ocwen, Green Tree and ditech. Even Green Tree servicing has now been merged with ditech.

My mortgage was with GMAC? How can I contact my servicer now?

Your lender must notify at least 15 days before transfer of your loan to another servicer. Chances are you already know who took over your GMAC mortgage loan. If not, then you need to find out who your servicer is. You can follow these steps.

  1. Call the customer service department of Ally Financial at 1-877-247-2559 to ask who owns the servicing rights to your loan.
  2. Check with Ocwen if it has acquired your loan portfolio. The customer service phone number is 800-746-2936. For mortgage login and payment address with Ocwen, visit this page.
  3. Get in touch with ditech to confirm if it has bought your GMAC mortgage loan. For mortgage login and payment address with ditech, visit this page.

It was in May, 2012 when GMAC filed for Chapter 11 bankruptcy and went out of business. Its new owner Ally Financial wanted to get out of the risky subprime lending business and focus on auto financing instead. It subsequently sold the mortgage unit of the company to Ocwen Financial Corp. and ditech Financial LLC.

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