NEW YORK, Jan 17 (Reuters) - Finance company GMAC said on Thursday it expects its struggling Residential Capital LLC mortgage unit will have met its financial covenants at the end of 2007 and that GMAC itself remains adequately capitalized.
NEW YORK, Jan 17 (Reuters) - Finance company GMAC said on Thursday it expects its struggling Residential Capital LLC mortgage unit will have met its financial covenants at the end of 2007 and that GMAC itself remains adequately capitalized.