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Home : Home Mortgage Loan : Adjustable Rate Mortgage : MSN Newsfeeds : GMAC Mortgage in Troy plans layoffs - Detroit Free Press

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GMAC Mortgage in Troy plans layoffs - Detroit Free Press

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This article related to: Adjustable Rate Mortgage

The company filed a layoff notice with the state today, announcing the layoffs but did not give a reason. The overall mortgage industry has been hurt by the subprime adjustable rate mortgage meltdown and resulting credit crunch and record ...

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