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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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Address: |
8400 Normandale Blvd., Ste. 250
Minneapolis, MN 55437
| | Phone: | 952-832-7000 | | Fax: | 952-857-7252 |
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Key People
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President and CEO:
Bruce J. Paradis
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COO:
Anne Knapp
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CEO:
Jim Jones
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