Ally Financial schedules release of second quarter 2011 Financial results
Ally Financial Inc. has scheduled the release of its second quarter 2011 financial results for Tuesday, Aug. 2, 2011.
Ally Bank, the direct banking subsidiary of Ally Financial Inc., today announced that it completed the sales of approximately $115 billion in unpaid principal balance of agency mortgage servicing rights to Ocwen Financial Corp. and Quicken Loans, Inc. In total, Ally Bank has received approximately $850 million in proceeds for the transactions.