Regulation into returns
Managing one of the largest US commercial mortgage portfolios entails tough operational risk and Sarbanes-Oxley compliance challenges. General Motors Acceptance Corporation’s commercial mortgage arm is meeting the challenge and cashing in on its new-found expertise. By Arielle Weliky
The push towards better corporate governance and financial transparency among US companies is now entering a critical phase, as the July deadline for compliance with the Sarbanes-Oxley Act looms large on the horizon. But while many firms have struggled to meet the requirements, General Motors Acceptance Corporation (GMAC) Commercial Mortgage is noteworthy for the rigour with which it has
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