Minneapolis-based GMAC-RFC recently issued its first securitization off of its newly created Residential Asset Mortgage Product (RAMP) shelf, a mixed-bag product designed by the company to accommodate a broad range or residential loan assets.

"This shelf was designed by the company to accommodate a broader range of residential loan assets while allowing RFC to maintain purity on existing shelves," said Diane Wold, a managing director in the structured finance group at RFC.

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