GMAC Bank definition

GMAC Bank. GMAC Bank, a federal savings bank, and its successors and assigns. GMACM: GMAC Mortgage Corporation, and its successors and assigns.
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GMAC Bank refers to IB Finance Holding Company, LLC, GMAC Bank and any successor entity.
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GMAC Bank means, collectively, (i) IB Finance Holding Company, (ii) Ally Bank, formerly known as GMAC Bank and (iii) any successor thereto.
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Examples of GMAC Bank in a sentence

  • GMACM acknowledges that a high level of confidentiality is necessary in order for GMAC Bank to compete effectively for clients and to have its reports acceptable to financial institutions and others for whom they are intended.

  • CAT will prepare a special report for GMAC Bank to report findings from all origination channel audits of loans sold to GMAC Bank.

  • Provide internal information technology services to GMAC Bank necessary for the operation of its business and, in connection therewith, purchase and maintain computer hardware, software, databases and all computer networks necessary to permit GMAC Bank to conduct its activities in a professional manner and service its clients and others with whom it may deal.

  • The rate will be multiplied by the hours per month worked on behalf of GMAC Bank.

  • GMAC BANK INFORMATION TECHNOLOGY INFRASTRUCTURE OPERATIONS SERVICE AGREEMENT GMAC Bank IT infrastructure operations are governed by a specific service agreement.

  • Provide support to GMAC Bank officers and staff for financial forecasting of credit loss and delinquency trends.

  • Pay all authorized bills and charges incurred by GMAC Bank in the operation of its business, Invoice imaging and retrieval, 1099 processing, positive pay file procedures, vendor file maintenance and customer service related to all.

  • GMACM represents and warrants to GMAC Bank that all of the data and other information obtained by GMAC Bank from its clients or others with whom it deals shall be held in strict trust and confidence and shall only be accessible by persons engaged in the operation of GMAC Bank’s business, unless otherwise specifically consented to in writing by GMAC Bank.

  • All services identified above shall be provided to GMAC Bank and its subsidiaries at no charge.

  • Quality Control will prepare a special report for GMAC Bank to report findings from all origination channel audits of loans sold to GMAC Bank.