ResCap Gets GMAC, Cerberus Funding to Avoid Default (Update3)Bloomberg -22 hours agoThe home lender has struggled to find cash after a slump in the mortgage market drove it to six quarterly losses. ResCap's parents have provided at least ... Borrowers can stay involved with their mortgage dealings by applying for a mortgage online. With traditional mortgages, lenders may not give out enough information, leaving the borrower practically in the dark throughout the whole process.
