Print Email Reprints Share

Minneapolis-based mortgage lender GMAC-RFC has entered into partnership with San Diego-based subprime mortgage specialist Accredited Home Lenders, where Accredited will deliver eligible' subprime mortgages to GMAC-RFC in exchange for financing from the big asset-backed player.

The agreement allows Accredited to participate in GMAC-RFC's subprime securitization program. Accredited originated $600 million in loans in 1998 and close to $450 million in loans for the first half of 1999.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.
Learn More

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.
Get 30-Day Free Trial