Company Profile For GMAC LLC

GMAC LLC (GMAC) is a globally diversified financial services firm. The Company operates in three lines of business: Global Automotive Finance, Mortgage (ResCap), and Insurance. The Global Automotive Finance operations offer a range of financial services and products (directly and indirectly) to retail automotive consumers, automotive dealerships, and other commercial businesses. The ResCap operations engage in the origination, purchase, servicing, sale, and securitization of consumer (i.e., residential) mortgage loans and mortgage-related products. The Insurance operations offer vehicle service contracts and underwrite personal automobile insurance coverages, homeowners’ insurance coverage, and selected commercial insurance coverages in the United States, Canada, and internationally. The other operations of the Company consist of the Commercial Finance Group, equity investments, corporate activities, and reclassifications and eliminations between the reportable segments.

BRIEF: For the six months ended 30 June 2009, GMAC LLC's interest income decreased 31% to $7.45B. Net interest income after loan loss provision decreased 66% to $1.18B. Net loss increased 49% to $4.58B. Net interest income reflects a decrease in consumer revenue and, a fall in commercial income and a decrease in interest expenses. Net loss was partially offset by a decrease in depreciation expenses on operating leases assets.

GMAC LLC
200 Renaissance Center
P.O. Box 200
Detroit   MI   48265
P: +1313.5565000

22700