Auto Refinance Of America Links

Buffett Ups Berkshire's Bet on Struggling Hometown Papers (Update 1)

Warren Buffett extends his bet on profit potential in the local newspaper industry buying up the General Media chain.

China’s Luxury Auto Dealers Said to Market Debut Dollar Bonds

Both companies are marketing five-year bonds to yield in the high 11 percent area, two people with knowledge of the respective deals said, asking not to be identified because the details are private.

Ally hopes to end mortgage woes with ResCap bankruptcy

NEW YORK (Reuters) - Ally Financial Inc's mortgage unit on Monday filed for bankruptcy and the auto lender said it will sell some international operations to help set it on a path to repaying $12 billion (7 billion pounds) in bailout money. Ally's mortgage unit, called Residential Capital, or ResCap, filed for bankruptcy protection in federal court in Manhattan under a plan that has the support ...

Obama, Romney take message to middle-class voters; Santorum endorses Romney

WASHINGTON - President Barack Obama pressed a deadlocked Congress on Tuesday to take action on an election year "to do" list of economic proposals to promote job creation and help families refinance their mortgages.

Ally Financial's mortgage unit files for bankruptcy

Ally Financial Inc's mortgage unit on Monday filed for bankruptcy and the auto lender said it will sell some international operations to help it get on a path to repaying US$12-billion in bailout money