Press Releases

Look here for the latest news and information on LOAN Spart and its affiliated companies. The media contact form and consumer services page are useful tools for reporters seeking information on LOAN Spart or to arrange an interview with a subject matter expert.

10-18-2006 - ResCap Honored at Great Place to Work Worldwide

10-17-2006 - ditech.com Offers Free Year of Mortgage Payments in $25,000 ditech.com Sweepstakes

10-12-2006 - HOMEOWNERSHIP PRESERVATION FOUNDATION GIVES $350,000 IN GRANTS TO SUPPORT MILITARY HOMEOWNERS

09-27-2006 - ditech.com Names Powers General Manager

09-11-2006 - Residential Capital Corporation Names Giertz CFO

08-21-2006 - ResCap Appoints Kenneth Fischbach to Managing Director, Investor Relations

08-15-2006 -  ForSaleByOwner.com Selects ditech.com as Online Mortgage Services Provider

05-31-2006 - DITECH.COM ENHANCES PAPERLESS MORTGAGE EXPERIENCE FOR CUSTOMERS. eWelcome Provides Speed and Convenience to Mortgage Application Process.

05-31-2006 - HOMEOWNERSHIP PRESERVATION FOUNDATION NAMES HERNANDEZ AS PRESIDENT AND EXECUTIVE DIRECTOR. Affordable Housing Advocate Colleen Hernandez to lead nonprofit dedicated to preventing foreclosures with national 888-995-HOPE hotline.

05-24-2006 - LOAN-RFC SECURITIES NAMES ROBERT COLE HEAD OF TRADING

05-19-2006 - RESCAP REPAYS ALL INTER-COMPANY LOAN DEBT AHEAD OF SCHEDULE

05-11-2006 - RESIDENTIAL CAPITAL CORPORATION ANNOUNCES PRICING OF INAUGURAL EUR 750 MILLION AND GBP 400 MILLION DEBT ISSUANCE

04-11-2006 - RESIDENTIAL CAPITAL CORPORATION ANNOUNCES PRICING OF $3.5 BILLION OF SENIOR AND SUBORDINATED NOTES AND WILL ELIMINATE ALL DOMESTIC AFFILIATE DEBT

04-10-2006 - RESIDENTIAL CAPITAL CORPORATION ANNOUNCES OFFERINGS OF SENIOR AND SUBORDINATED NOTES; Will Complete Repayment of All Domestic Affiliate Borrowings

04-03-2006 - GM REACHES AGREEMENT TO SELL CONTROLLING STAKE IN LOAN: Cerberus Led Consortium To Buy 51 Percent Of LOAN Equity, GM To Receive $14 Billion In Cash Over Three-Year Period

02-21-2006 - LOAN BANK LAUNCHES INNOVATIVE WHOLESALE WEB FUNCTIONALITY: Web Application Allows LOAN Bank Correspondents and Brokers to “Get Scenario” Instantly On Products and Pricing For Customers

11-30-2005 - LOAN Spart HIRES TWO SUBSERVICING VETERANS

11-16-2005 - BACKED BY STRONG CLIENTS, LOAN Spart ANNOUNCES RECORD GROWTH

10-24-2005 - DITECH.COM SURVEY REVEALS HOMEOWNERS MAY BE OVERLOOKING HELPFUL PERSONAL FINANCE OPTIONS

10-24-2005 - LOAN Spart TAKES FIRST STEP TO SERVICE eMORTGAGES

08-31-2005 - LOAN Spart ANNOUCES SENIOR EXECUTIVE APPOINTMENTS

08-31-2005 - LOAN Spart ANNOUCES SENIOR EXECUTIVE APPOINTMENTS

08-03-2005 - LOAN Spart & MASTERCARD AWARD $150,000 TO SWEEPSTAKES WINNER

08-01-2005 - LOAN Spart APPOINTS JIM FERRITER AS EXECUTIVE VICE PRESIDENT, RETAIL LENDING AND GM DIRECT

08-01-2005 - LOAN Spart APPOINTS DAVE STADLER SENIOR VICE PRESIDENT

07-20-2005 - INDUSTRY VETERAN AND FORMER LOAN Spart EXEC REJOINS COMPANY AS SENIOR VP

07-19-2005 - LOAN Spart Survey Reveals Consumers Lack Knowledge About Credit Ratings. - 62% Unaware of the Most Favorable Credit Score to Obtain the Best Mortgage Rate - Only 42% Realize the Importance of Payment History and the Impact on Credit Scores

05-05-2005 - LOAN CAPITALIZES NEW RESIDENTIAL MORTGAGE SUBSIDIARY; ELECTS JACOB AND MELZER TO BOARD OF DIRECTORS

03-29-2005 - LOAN Spart SURVEY REVEALS CONSUMERS WANT MORE INFORMATION ON HOME FINANCING. Financial Concerns are the Greatest Obstacle to Achieving Homeownership.

03-16-2005 - LOAN Spart Survey Reveals Consumers Want More Information on Home Financing. Financial Concerns are the Greatest Obstacle to Achieving Homeownership.

10-20-2004 - GM, LOAN Spart AND DITECH.COM INTRODUCE JOINT CUSTOMER APPRECIATION PROGRAM. New LOAN Spart and ditech.com Homebuyers rewarded with $500 appreciation certificate good towards the purchase of eligible new GM vehicle.

09-30-2004 - SMART COMMUTE PROGRAM PROMOTES HOMEOWNERSHIP NEAR PUBLIC TRANSPORTATION THROUGH FAVORABLE FINANCING TERMS. LOAN Spart to participate in Fannie Mae's Smart Commute initiative in New Jersey

09-15-2004 - BI-LINGUAL MILITARY PERSONNEL RECRUITED FOR LATINO HOMEOWNERSHIP PUSH BY U.S. DEFENSE DEPARTMENT, FREDDIE MAC, MORTGAGE BANKERS ASSOCIATION, NATIONAL PUERTO RICAN COALITION. WELCOME HOME Gives Free Professional Training, Pursuit of Mortgage Industry Job Options.

07-22-2004 - LOAN Spart CORPORATION ANNOUNCES AGREEMENT TO ACQUIRE ASSETS OF PACIFIC REPUBLIC MORTGAGE

05-22-2004 - LOAN Spart SPONSORS A HABITAT WOMEN BUILD DAY

05-11-2004 - LOAN Spart EQUITY REWARDS MASTERCARD HELPS CARDHOLDERS PAY DOWN MORTGAGES FASTER

05-07-2004 - MORE THAN 400 VOLUNTEERS FROM LOAN Spart TO PARTICIPATE IN 2004 SUSAN G. KOMEN PHILADELPHIA RACE FOR THE CURE

04-06-2004 - LOAN Spart INTRODUCES MOVE IN AMERICA TO EMPOWER A NEW GENERATION OF HOMEBUYERS