GMAC news pleasant surprise to market

G. C.
October 2005
Asset Securitization Report;10/24/2005, Vol. 5 Issue 40, p4
Reports on General Motors Corp.'s (GMC) sale of a controlling stake in its financing arm, General Motors Acceptance Corp. (GMAC). Speculation on the impact of the sale on GMC's outstanding retail auto loan and wholesale dealer floorplan deals; Spreads on GMAC's triple-A dealer floorplan deals resulting from the sale; Move of Fitch Ratings and Moody's Investors Service to revise their outlooks on GMAC.


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