Press Room

GMAC REAL ESTATE ADDS 13 MORE FIRMS TO NATIONAL NETWORK OF STRATEGIC PARTNERS

Oak Brook, Ill. (June 13, 2007) - GMAC Real Estate (http://www.GMACRealEstate.com) announced today that 13 leading real estate firms across America have joined the company's national franchise network.

The 13 firms represent 12 states and a diverse range of markets, from Falls Church, Va., to Hummelstown, Pa., to Asheville, N.C.

"All of these firms are highly regarded in their respective markets, and we're very pleased to welcome them as our newest franchisees," said Lane Barnett, president and chief executive officer of GMAC Real Estate Franchise Operations.

Among the new firms is Sonoran Properties GMAC Real Estate, one of the fastest-growing real estate companies in the metro Phoenix area. Since Broker/Owner Pam Rankin founded the firm in the Northeast Valley in 2002-as the company's sole employee-it has experienced impressive growth and is now a six-office, 175-agent company serving thousands of home buyers and sellers.

In addition to Sonoran Properties GMAC Real Estate, new franchisees include:

• 1st Arkansas GMAC Real Estate, Little Rock, Ark.
• Carolina 1st Realty GMAC Real Estate, Asheville, N.C.
• Delphi Group GMAC Real Estate, Dearborn Heights, Mich.
• Denny Hecker's GMAC Real Estate, Minneapolis, Minn.
• Gateway GMAC Real Estate, St. Louis, Mo.
• GMAC Real Estate America's Homeland Corporation, Thomaston, Ga.
• GMAC Real Estate Houston Home Sales, Houston, Texas
• GMAC Real Estate Real Property Group, Maitland, Fla.
• Infinity GMAC Real Estate, Hummelstown, Pa.
• Jackson Porsia GMAC Real Estate, Philadelphia, Pa.
• Marivic GMAC Real Estate, Edison, N.J.
• Prosperity GMAC Real Estate, Falls Church, Va.

Barnett said the addition of the 13 new strategic partners "underscores GMAC Real Estate's position as the national leader in providing superior customer service, which we deliver daily to our customers through our unique Premier Service® program."

As part of the Premier Service program, GMAC Real Estate sales associates put in writing, up front, the services they will perform. Following the transaction, the agents ask their customers to honestly rate their performance through a survey conducted and tabulated by an independent, third party. Through the Premier Service program, GMAC Real Estate maintains a 94 percent customer satisfaction rating.

About GMAC Real Estate Franchise Operations

GMAC Real Estate's Franchise Operations (http://www.GMACRealEstate.com), a division of GMAC Home Services LLC, is one of the industry's leading real estate firms with nearly 1,200 offices and 22,000 real estate professionals throughout the United States, Canada, Portugal and Puerto Rico. GMAC Home Services is a business unit of GMAC ResCap (Residential Capital, LLC).

About GMAC ResCap

GMAC ResCap (http://www.gmacrescap.com) is an indirect wholly owned subsidiary of GMAC Financial Services. GMAC Financial Services is a global, diversified financial services company that operates in approximately 40 countries in automotive finance, real estate finance, insurance and commercial finance businesses. GMAC was established in 1919 and currently employs about 31,000 people worldwide. At Dec.31, 2006, GMAC held more than $287 billion in assets and earned net income for 2006 of $2.1 billion on net revenue of $18.2 billion. For more information, go to http://www.gmacfs.com.