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GMAC-RFC Sits atop Mortgage Volume

In what is being called record issuance, mortgage giant GMAC-Residential Funding Corp. said it churned out $6.4 billion in mortgage-related securitizations during the quarter to become the most active issuer of mortgage-related securitization for the period.

According to the Minneapolis-based lender of first- and second mortgages, while GMAC-RFC's second-quarter...

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