mortgage lending

Despite getting an additional $3.8 billion last week in federal aid and a year-end rebound in car sales, GMAC still expects to post a $5 billion loss for fourth quarter 2009. Most of it stems from write-downs in residential real estate.

Home sweet home doesn't mean quite what it used to. Not to homeowners who want to sell their home but can't, thanks to a weak market. Not to those facing foreclosure, who will soon lose the roof over their heads. Not to the potential home buyers who are having more trouble securing loans than they...