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CompareCC News Archive Listing for Personal Finance during 2009-08-04.
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GMAC net loss widens to $3.9 billion
 
Reuters - Auto and mortgage lender GMAC Financial Services said on Tuesday its quarterly net loss widened to $3.9 billion in the second quarter, from $2.5 billion a year ago, reflecting charges related to the company's incorporation and mortgage losses.
2 big banks lag in mortgage aid program
 
AP - Both Bank of America and Wells Fargo got low marks in the first monthly report card on the Obama administration's plan to stem the foreclosure crisis.
Fla.-based mortgage company suspended
 
AP - A prominent U.S. mortgage company is being investigated by the Housing and Urban Development Department after allegedly failing to submit a required financial report, raising concerns of fraud.

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