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ResCap Appoints Kenneth Fischbach to Managing Director, Investor Relations
Minneapolis, Minn. - August 21, 2006 -
Residential Capital Corporation (ResCap) has appointed Kenneth Fischbach to managing director, investor relations. Fischbach will lead ResCap’s global investor relations efforts supporting the company’s ongoing access to capital markets both domestically and internationally.
“Ken is well known within the investor community and brings tremendous experience in investor relations and financial institution relationship management,” said Louise Herrle, ResCap’s Treasurer. “He will be an important asset to our company as we continue to build our IR efforts globally.”
For the past 11 years, Fischbach served as a senior vice president at MBNA American Corporation in Wilmington, Del. Serving in multiple capacities throughout his tenure, Fischbach has held leadership positions in fixed income investor relations, global credit and financial institutions relationship management and treasury management. Fischbach supported capital market programs in the United States, Europe and Canada, including managing the capital markets aspects of the rating agency relationships.
Fischbach is a member of the American Financial Services Association (AFSA) and the American Securitization Forum (ASF). He has a MAS finance degree from John Hopkins University and a B.S. in Finance and Marketing from the University of Baltimore.
ResCap issued its inaugural debt offering in June 2005, which was named “U.S. Dollar Bond Deal of the Year” by International Finance Review, “Fixed Income Deal of the Year” by Euromoney and ”Investment Grade Bond Deal of the Year” by Credit Magazine.
About Residential Capital Corporation
Residential Capital Corporation is a leading real estate finance company, focused primarily on the residential real estate market in the United States, Canada, Europe and Latin America. Our diversified businesses -- GMAC-RFC, GMAC-RFC Securities, GMAC Mortgage, ditech.com, GMAC Bank, GMAC Real Estate and Homecomings Financial -- cover the spectrum of the U.S. residential finance industry, from origination and servicing of mortgage loans through their securitization in the secondary market. We also provide capital to other originators of mortgage loans, residential real estate developers, resort and timeshare developers and healthcare companies. Residential Capital Corporation is an indirect wholly owned subsidiary of General Motors Acceptance Corporation (GMAC). For more information about ResCap, visit https://www.rescapholdings.com.
| Real Estate and moving services offered by GMAC Home Services, LLC and GMAC Global Relocation Services, LLC. Residential Capital, LLC is the parent of GMAC Mortgage, LLC and GMAC Home Services, LLC, GMAC Mortgage, GMAC Real Estate, and GMAC Global Relocation Services, LLC. Because of these relationships, any of these referrals may provide Residential Capital, LLC with a financial or other benefit. |
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© 2008 Homecomings Financial, LLC (f/k/a Homecomings Financial Network, Inc.). All rights reserved.
Homecomings and GMAC are registered service marks.
© 2008 Homecomings Financial, LLC (f/k/a Homecomings Financial Network, Inc.). All rights reserved. Homecomings and GMAC are registered service marks.