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Industry Center - Mortgage Investment
Industry Center > Mortgage Investment > Residential Funding Company, LLC Company Profile
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Residential Funding Company, LLC Company Profile
RFC doesn't have a famous colonel or secret herbs and spices, but you could say its mortgage-backed securities are finger-lickin' good. Residential Funding Company, part of GMAC Mortgage Group, is in the business of acquiring residential mortgages, home equity loans, and lines of credit originated by other mortgage banks and financial institutions. The company (also known as GMAC-RFC) then packages the loans as mortgage-backed securities, which it sells to institutional investors. RFC and its various divisions have more than 15 offices in North America; it also has offices in Europe and Australia.
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Contact Information
Address: 8400 Normandale Blvd., Ste. 250
Minneapolis, MN 55437
Phone:952-832-7000
Fax:952-857-7252
Key People
President and CEO: Bruce J. Paradis
COO: Anne Knapp
CEO: Jim Jones
Industry Information
Sector: Financial
Industry: Mortgage Investment
Top Competitors
Bank of America Corporation (bac)
Countrywide Financial Corporation
Wells Fargo & Company (wfc)
 


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