Subprime Woes At Cerberus (BusinessWeek)
It bit off a big hunk of risky loans when it bought GMAC

Family men fight over New Britain (The New Britain Herald)
NEW BRITAIN - Democratic mayoral challenger James Wyskiewicz responded Wednesday to criticism by Republican Mayor Timothy Stewart, who called Wyskiewicz "a guy who can't pay his bills," referring to a recent foreclosure action by GMAC Mortgage on Wyskiewicz's family home.

Fitch Rates Harborview Mortgage Loan Trust (HVMLT) Series 2007-7 (Business Wire via Yahoo! Finance)
NEW YORK----Fitch rates Harborview Mortgage Loan Trust mortgage pass-through certificates, series 2007-7 as follows: $1.43 billion classes 1A-1A, 2A-1A, 2A-1B, 2A-1C 'AAA'; $34.5 million class B-1 'AA+'; $51.8 million class B-2 'AA+'; $18.1 million class B-3 'AA'; $17.3 million class B-4 'AA-'; $15.6 million class B-5 'A+'; $12.3 million class B-6 'A'; $8.2 million class B-7 'BBB+'; $10.7 ...

Correction - Fitch Rates Harborview Mortgage Loan Trust (HVMLT) Series 2007-7 (Business Wire via Yahoo! Finance)
NEW YORK----

Knight's first two ventures to be dedicated packager and broker lenders (Money Marketing Online)
Former GMAC-RFC founder Stephen Knight has told Money Marketing that his first two lending ventures through Checkmate Mortgages will see one focused on just the intermediary channel with the other only focused solely on the packaging market. ...