Preliminary
2007 Third Quarter Earnings
November 1, 2007
11:30 AM ET
Contact GMAC Investor Relations at (866) 710-4623 or investor.relations@gmacfs.com

Q3 2007 GMAC Preliminary Earnings Release
Forward-Looking Statements
In the presentation that follows and related comments by GMAC LLC (“GMAC”) management, the use of the words
“expect,” “anticipate,” “estimate,” “forecast,” “initiative,” “objective,” “plan,” “goal,” “project,” “outlook,” “priorities,” “target,”
“intend,” “evaluate,” “pursue,” “seek,” “may,” “would,” “could,” “should,” “believe,” “potential,” “continue,” or similar
expressions is intended to identify forward-looking statements. While these statements represent our current judgment
on what the future may hold, and we believe these judgments are reasonable, these statements are not guarantees of
any events or financial results, and GMAC’s and ResCap’s actual results may differ materially due to numerous
important factors that are described in the most recent reports on SEC Form 10-K for GMAC and Residential Capital,
LLC (“ResCap”), each of which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K.
Such factors include, among others, the following: securing low cost funding to sustain growth for GMAC and ResCap
and maintaining the mutually beneficial relationship between GMAC and General Motors Corporation (“GM”); our ability
to maintain an appropriate level of debt; the profitability and financial condition of GM; restrictions on ResCap’s ability to
pay dividends to us; recent developments in the residential mortgage market, especially in the nonprime sector;
changes in the residual value of off-lease vehicles; the impact on ResCap of the continuing decline in the U.S. housing
market; changes in U.S. government-sponsored mortgage programs or disruptions in the markets in which our
mortgage subsidiaries operate; changes in our contractual servicing rights; costs and risks associated with litigation;
changes in our accounting assumptions that may require or that result from changes in the accounting rules or their
application, which could result in an impact on earnings; changes in the credit ratings of ResCap, GMAC or GM;
changes in economic conditions, currency exchange rates or political stability in the markets in which we operate; and
changes in the existing or the adoption of new laws, regulations, policies or other activities of governments, agencies
and similar organizations. Investors are cautioned not to place undue reliance on forward-looking statements. GMAC
undertakes no obligation to update publicly or otherwise revise any forward-looking statements except where expressly
required by law. A reconciliation of certain non-GAAP financial measures included within this presentation is provided
in the supplemental charts.
Use of the term “loans” describes products associated with direct and indirect lending activities of GMAC’s global
operations. The specific products include retail installment sales contracts, loans, lines of credit, leases or other
financing products. The term “originate” refers to GMAC’s purchase, acquisition or direct origination of various “loan”
products.
2

Q3 2007 GMAC Preliminary Earnings Release
2007 – Third Quarter Performance Highlights
Q3 2007 loss of $1.6 billion, versus a loss of $173 million in Q3 2006
• Loss driven by disappointing results at ResCap including a $455 million goodwill
impairment
• Excluding ResCap, Q3 operating income* of $665 million, 51% above Q3 2006
Results at ResCap reflect unprecedented disruptions in global capital markets
• Implementing significant restructuring of mortgage operations as a result of fundamental
changes in the mortgage market
Q3 2007 Auto Finance and Insurance results remain strong
• Significant gains on sale drove favorable Auto Finance results, with stable underlying
fundamentals
• Strong underwriting results continue to drive performance for Insurance
GMAC and ResCap maintained strong liquidity and capital positions in the quarter
• Cash and certain marketable securities totaled $28.8 billion at the end of 9/30/07
– Of this total, ResCap held $6.5 billion, including $2.2 billion at GMAC Bank
• GMAC injected $1 billion of capital into ResCap in Q3 2007
• Owners intend to convert $1.1 billion of GMAC preferred equity to common equity as of
11/1/07
3
*Operating income/loss represents net income/loss excluding impairment charges related to goodwill and intangibles, net of applicable taxes

Q3 2007 GMAC Preliminary Earnings Release
Third Quarter Net Income
Memo:
Q3 2007 Q3 2006 Change Q2 2007
($ millions)
Global Automotive Finance $519 $320 $199 $382
Insurance 117 183 (66) 131
Other* 29 (64) 93 34
Operating income excluding ResCap** 665 439 226 547
ResCap (1,806) 83 (1,889) (254)
Consolidated operating income / (loss)** (1,141) 522 (1,663) 293
Goodwill impairment (455) (695) 240 -
Consolidated net income (loss) ($1,596) ($173) ($1,423) $293
*Includes Commercial Finance operating segment and 21% ownership of our former commercial mortgage unit
**Operating Income represents net income/loss excluding the after-tax impact of goodwill and intangible impairment charges of $455 million in
Q3 2007 and $695 million in Q3 2006
4

Q3 2007 GMAC Preliminary Earnings Release
Third Quarter Pre-Tax Income
Memo:
Q3 2007 Q3 2006 Change Q2 2007
($ millions)
Global Automotive Finance $539 $503 $36 $431
Insurance 158 281 (123) 188
Other* 34 (83) 117 37
Pre-tax operating income excluding ResCap** 731 701 30 656
ResCap (1,940) 149 (2,089) (204)
Pre-tax operating income / (loss)** (1,209) 850 (2,059) 452
Goodwill impairment (455) (840) 385 -
Consolidated pre-tax income / (loss) (1,664) 10 (1,674) 452
Tax expense (68) 183 (251) (159)
Consolidated net income/ (loss) ($1,596) ($173) ($1,423) $293
*Includes Commercial Finance operating segment and 21% ownership of our former commercial mortgage unit
**Pre-tax operating Income represents pre-tax income excluding the pre-tax impact of goodwill and intangible impairment charges of $455
million in Q3 2007 and $840 million in Q3 2006
Note:
A number of GMAC’s U.S. entities converted to limited liability companies (LLC) in conjunction with the transaction to sell
a controlling interest in the company last year; LLC entities now pass-throughs for tax purposes
5

Q3 2007 GMAC Preliminary Earnings Release
ResCap – Q3 2007 Key Metrics
• Weakening credit and market illiquidity
U.S. Residential drove increased reserves, losses and
Finance write-downs
• Reduced origination volumes in response to
liquidity challenges
• Homebuilders experienced additional stress
as sales declined and cancellations
Business Lending increased
• Increased in provisions and related watch
lists
• Abrupt credit-tightening in Europe increased
International Business funding costs and sharply depressed asset
values despite stable credit performance
• Capital position eroded by net losses,
Capital & Liquidity partially offset by $1 billion equity injection
• Liquidity position significantly enhanced
6

Q3 2007 GMAC Preliminary Earnings Release
ResCap – Condensed Income Statement*
Memo:
Q3 2007 Q3 2006 Q2 2007
($ millions)
Revenue
Total financing revenue $1,565 $1,878 $1,667
Interest expense (1,626) (1,704) (1,610)
Provision for credit losses (881) (239) (327)
Net financing (loss) revenue (942) (65) (270)
Mortgage servicing fees 451 401 452
Servicing asset valuation and hedge activities, net (123) (332) (152)
Net loan servicing income 328 69 300
Net gains/ losses on sale of loans (570) 237 173
Other income (139) 552 315
Goodwill impairment (455) - -
Noninterest expense (617) (644) (722)
Income tax benefit (expense) 134 (66) (50)
Net income (loss) ($2,261) $83 ($254)
*Income statement presentation (condensed) as it appears in GMAC’s Form 10-Q ; results as they appear in ResCap’s Form 10-Q can be
found on page 32 of this presentation
Memo: ResCap Reporting Segments Q3 2007
Income/ (Loss) Goodwill Operating income**/ (Loss)
($ millions)
Residential Finance Group ($1,576) ($382) ($1,194)
International Business Group (498) (65) (433)
Business Capital Group (172) (8) (164)
ResCap Corp/elims (15) - (15)
Total ($2,261) ($455) ($1,806)
**Operating income represents net income excluding the after-tax impact of goodwill and intangible impairment charges of $455 million in Q3 2007
7

Q3 2007 GMAC Preliminary Earnings Release
ResCap – Q3 Significant Items
• Domestic Mortgage results driven largely by increase in provision for loss on HFI portfolio, write-
downs of HFS and trading securities, and impairment of REO
• International Business impacted by market liquidity issues which forced mark-to-market losses,
as well as generated losses on sale of loans and write-downs of mortgage-related securities
• Business Lending increased provisions for loan losses, and impaired its Lot Option and Model
Home inventory
• Concluded goodwill was impaired
• Resulted in the following significant charges to Q3 earnings;
($ millions)
Provision for loan losses ($884)
HFS valuation adjustments ($670)
Trading securities valuation losses ($333)
REO impairment ($145)
Lot option/model home impairment ($98)
Goodwill impairment ($455)
Note: These amounts are classified according to ResCap’s Income Statement presentation located on page 32 of this presentation
8

Q3 2007 GMAC Preliminary Earnings Release
ResCap – Nonprime Risk
Further reduction of nonprime across all categories
• Smaller HFS Q3 outstanding reflects lower originations and transfer of assets to HFI portfolio
• HFI runoff was offset by the transfer of assets from HFS portfolio
• Warehouse lending receivables dropped to $1.8 billion from $8.8 billion at the end of 2006
Warehouse Lending Receivables2
U.S. Loan Servicing Portfolio
Total: $427.4 billion Total: $1.8 billion
Nonprime
10%
62%
12% Prime Conforming
88%
Prime Nonconforming
and Other1
28%
Held For Sale Held For Investment (excluding Securitized)
Total: $21.7 billion3
Total: $15.0 billion
75%
19%
61%
6%
As of 9/30/07
20%
19%
Prime Nonconforming and Other includes Prime Nonconforming, Prime Second-Lien, and Government
1
Prime Nonconforming data is not available for Warehouse Lending Receivables
2
3 Total Held for Investment portfolio of $60.8 billion has been reduced by $39.0 billion of securitized loans where ResCap's economic risk is limited to net book value of $0.4 billion
9

Q3 2007 GMAC Preliminary Earnings Release
Illustrative Balance Sheet Excluding Certain Activities
On-Balance
Sheet GMAC Bank
Securitized Automotive Illustrative
GAAP*
Division
9/30/2007 Portfolios 9/30/2007
($ billions)
Total assets $114.5 $39.3 $5.7 $69.5
LIABILITIES AND EQUITY
Total liabilities $107.1 $38.9 $4.5 $63.7
Minority Interest 1.2 - 1.2 -
Equity 6.2 0.4 - 5.8
Total liabilities and equity $114.5 $39.3 $5.7 $69.5
($3.4) ($1.0) - ($2.4)
Restated YTD Net Income (Loss)
5.4% 8.3%
Equity to Assets (GAAP & Illustrative)
*Balance sheet items as they appear in ResCap’s Form 10-Q, which includes the auto division of GMAC Bank
The economic exposure related to the on-balance sheet securitizations continues to decrease as presented below:
($ billions)
Q3 2007 $0.4
Q2 2007 $1.0
Q1 2007 $1.6
Note: The table above reconciles certain components of ResCap's financial statements, as prepared in accordance with
generally accepted accounting principles, to a presentation as if we excluded our on-balance sheet securitized
portfolios and associated debt, and excluded activities within the Automotive Division of GMAC Bank. ResCap has no
economic rights or exposures related to the Automotive Division of GMAC Bank and economic exposure to our on-
balance sheet securitized portfolios was limited to approximately $0.4 billion as of September 30, 2007. This data is not
intended to depict any actual or contemplated transaction and is for informational purposes only
10

Q3 2007 GMAC Preliminary Earnings Release
ResCap U.S. Mortgage Production
Proactively reduced non-conforming production as a result of
diminished liquidity
U.S. Mortgage Loan Production by Type
Q3 07 Q2 07 Q1 07 Q4 06 Q3 06 Q2 06 Q1 06
($ millions)
Prime conforming $12.2 $12.7 $9.6 $10.7 $12.0 $12.0 $8.6
Total conforming 12.2 12.7 9.6 10.7 12.0 12.0 8.6
Prime non-conforming 4.6 9.9 12.3 17.6 16.4 14.6 11.7
Government 1.4 0.8 0.6 0.8 0.9 1.1 0.9
Nonprime 0.2 0.7 3.2 7.0 8.5 6.0 9.1
Prime second-lien 1.8 3.1 5.3 5.2 6.1 6.6 5.8
Total nonconforming 8.0 14.5 21.4 30.6 31.9 28.3 27.5
Total domestic production $20.2 $27.2 $31.0 $41.3 $43.9 $40.3 $36.1
11

Q3 2007 GMAC Preliminary Earnings Release
ResCap –Servicing & Warehouse Lending
ResCap’s world-class servicing operation continues to perform well
• Single operation supports all loan products, brands and investors
• U.S. servicing portfolio increased to $427.4 billion at 9/30/07, an increase of $25 billion from
9/30/06
• ResCap is the #1 subservicer in the U.S. with $52 billion subservicing portfolio as of 09/30/07
• Undertaking measures to maintain quality in current stressed credit environment
– Added additional positions to increase capacity and avoid foreclosures
– Referred over 28,000 customers to Home Ownership Preservation Enterprise counseling
• Provided over 6,700 modifications year to date
– Executed over 4,500 permanent modifications
– Maintaining strong re-underwriting practices to ensure borrower success
Warehouse lending receivables fell to $1.8 billion at 9/30/2007, compared to $8.8
billion at the end of 2006
• Nonprime exposure declined to $200 million at 9/30/2007, compared to $2.4 billion at the end of
2006
• In the process of shifting warehouse lending to GMAC Bank in order to achieve lower cost of
funding
• Continue to focus on credit underwriting and workouts
12

Q3 2007 GMAC Preliminary Earnings Release
Business Lending Update
The homebuilding industry encountered significant deterioration in Q3
• Mortgage market challenges increased home inventories and foreclosures
• Oversupply of homes has put downward pressure on housing prices
• Rising foreclosure rates will intensify the problem
Business lending operation is changing its structure to reflect the new environment
• Shifted strategy from asset growth to asset management and workout
– Total assets declined $1.1 billion to $6.5 billion in Q3 from $7.6 billion in Q2
• Repositioning to focus on middle market builders / developers
• Restructuring customer contact
• Implementing more stringent credit guidelines
• Building in-house workout capabilities
13

Q3 2007 GMAC Preliminary Earnings Release
ResCap International Update
In August, there was virtually no liquidity for mortgage assets
• Securitization markets did not reopen in September after the holiday break
• Banks increased margin calls on mortgage assets due to changes in market
• Forced sellers of MBS to widen spreads, but underlying activity remains sparse
Credit quality remains largely unaffected
• Mortgages in most countries continued to perform as predicted
• Losses on mortgage pools remained stable
• Market fears of downturn in the UK and Spain have yet to materialize in actual servicing
data
Market pressures drove significant losses in ResCap’s international portfolio
• Realized $67 million of pre-tax losses on sale of UK assets compared to historical gains
• Took unrealized losses of $463 million pre-tax as a result of mark-to-market valuation on
pipeline and existing HFS portfolios
IBG- Assets
Q3 2007 2006 2005 2004 2003
($ billions)
Total assets $15.7 $14.0 $10.7 $8.1 $6.0
14

Q3 2007 GMAC Preliminary Earnings Release
ResCap - Held for Investment Portfolio - Credit Quality
• Increasing foreclosures, declining home
Nonaccrual Loans as a % of total MLHFI * prices and other factors continue to impact
HFI portfolio, driving the provision for
14.0% 14.1%
losses and loss allowances higher
11.9%
10.5%
9.2% 9.1% 9.2% 9.0% 9.2%
8.4% 8.3%
• Delinquency level remained flat in
comparison to Q2 2007
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
• On the securitized domestic HFI portfolio,
2005 2006 2007 ResCap’s net exposure limited to $0.4
billion first loss position at 9/30/07
Net charge-offs as a % of total MLHFI *
0.7%
• Net charge-offs as a % of MLHFI
increased to 0.7% in Q3 2007 due to
0.4%
0.3% 0.3%
increases in foreclosures and declining
0.2%
0.2% 0.2% 0.2% 0.1% 0.2% 0.2%
home prices
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
• Current loan loss allowance has increased
2006 2007
2005 to 2.85% compared to 2.71% in Q2 2007
* MLHFI – Mortgage Loans Held for Investment. The total MLHFI is $60.8 billion for quarter ended 9/30/07, $62.7 billion for quarter ended 6/30/07, $65.3 billion for quarter ended
3/31/07, $69.4 billion for 2006 & $69.0 billion for 2005 and is included in the balance sheet under the caption \"Finance receivables and loans, net of unearned income\"
15

Q3 2007 GMAC Preliminary Earnings Release
ResCap Liquidity
Overall cash, equity and liquidity remain strong
• Actions taken immediately as crisis developed to address liquidity
• Global $1.75 billion unsecured revolving facilities remained available and undrawn
Improved liquidity over past 90 days
• Eliminated exposure to extendable CP
• Secured $2 billion of new committed conforming repo facilities
• Executed sale of Healthcare Capital to GMAC for $0.9 billion final purchase price
• Increased MSR funding capacity by $0.95 billion
• Accelerated renewal £ 2.4 ($ 4.8) billion conduit facility in the UK
• GMAC capital injection of $2 billion year to date
ResCap will continue to maintain a strong liquidity and capital position
Q3 2007 Q2 2007 Q1 2007
($ millions)
Cash and cash equivalents $6.5 $3.7 $2.6
Common equity $6.2 $7.5 $7.2
16

Q3 2007 GMAC Preliminary Earnings Release
GMAC Bank
GMAC Bank has become a more important component of the overall strategy
• Volatility of public debt markets and the current credit environment have made typical mortgage
moving model challenging
Bank Production
Q3 07 Q2 07 Q1 07 YTD 07
($ billions)
Prime conforming mortgage loans $3.7 $3.1 $2.7 $9.5
Prime non-conforming mortgage loans 0.9 1.7 1.4 4.0
Government mortgage loans 0.6 0.4 0.3 1.3
Non-prime mortgage loans - - - -
Prime second-lien mortgage loans 0.7 0.5 0.3 1.5
Total GMAC Bank production $5.8 $5.7 $4.8 $16.3
Memo: As % of total U.S. production 29% 21% 15% 21%
GMAC Bank provides access to broader sources of funding including FHLB Advances and
Deposits
• Total FHLB borrowing capacity of $12.2 billion ($2.2 billion of which is unused)
• Total deposits increased by 50% since 2006 year end
GMAC Bank Assets and Deposit Liabilities Memo:
Q3 07 Q2 07 Q1 07 FY 2006
($ billions)
Assets $28.1 $23.5 $20.7 $19.9
Deposit liabilities $14.5 $10.7 $9.4 $9.9
Amounts include assets and deposit liabilities of the auto division of GMAC Bank
17

Q3 2007 GMAC Preliminary Earnings Release
ResCap Restructuring
Announced a major restructuring of mortgage operations
• Reduced and focused product offerings
• Eliminating staff – approximately 3,000 positions or 25% with majority in 2007
– Reductions are in addition to the elimination of 2,000 positions announced earlier this year
• Closing 50 sales and servicing locations
• Shifting more towards direct consumer origination channels
Restructuring affects all three business units:
• Domestic mortgage operations will focus on originating and servicing prime conforming and high-
quality jumbo product, leveraging GMAC Bank
• BCG will focus on middle market developers
• IBG will limit operations to markets with multiple sources to fund and sell assets
• Credit/risk management functions will be further strengthened across all three segments
As a result of workforce reductions, ResCap will incur restructuring charges of
$90- $100 million, with majority of the charge in Q4 2007
18

Q3 2007 GMAC Preliminary Earnings Release
ResCap Operating Model
Shift to simplified, more focused business model
• Low cost producer
• Production toward the consumer
• Streamlined product suite - 80% government / agency production
• World class servicing
• Goal of 80% of domestic production funded through GMAC Bank
– Subject to regulatory requirements / approvals
Reduce risk and income volatility via balance sheet restructuring
• Reduce HFS inventories
• Monetize nonprime residuals
Expand credit and control environment to manage risk and enhance reliability
• Simplify control process and systems
19

Q3 2007 GMAC Preliminary Earnings Release
ResCap – 2007 Outlook
Global capital markets remain volatile
• Mortgage and credit markets remain stressed
– Liquidity slowly returning to some very high-quality nonconforming products
– Asset pricing, when available, generally remains depressed
• Expect difficult conditions to continue into at least early 2008
Home prices expected to continue to decline
• Sales of existing single-family homes decreased 8.6% in September
– Slowest pace since February 1998
• The S&P/Case-Shiller Home Price Index for the month of August showed the eighth consecutive
monthly decline and the largest month to month decline on record
These factors are expected to place additional stress on ResCap’s Q4 performance
• In addition, cost reductions from our restructuring actions will likely not be realized until Q1 2008
ResCap is committed to maintaining liquidity and maintaining its capital position throughout
the restructuring process
• Reducing balance sheet risk and overall leverage
• New operating model scalable quickly once market fundamentals improve
20

Q3 2007 GMAC Preliminary Earnings Release
Auto Finance – Q3 2007 Key Metrics
• Originations down year-over-year due to
Originations successful GM U.S. promotion in Q3 2006
• Continued growth in both diversified
business and international
Credit Losses • Delinquencies trending up in North
America, but losses contained at near
historical lows
• Residual performance remains strong
Lease Residuals
compared to 2006 levels
• NAO margins stable, while IO margins
Margins
remain under pressure
21

Q3 2007 GMAC Preliminary Earnings Release
Auto Finance – Consumer Originations
Q3 2007 new vehicle originations fell versus Q3 2006 levels, while used vehicle
originations continue to show year-over-year growth
• Q3 2006 North American new originations heavily impacted by a successful GM
promotion program
• Q3 2007 international new originations up 14,000 units, or 12%, due to growth in China
and Latin America
$18.8
($ billions)
$14.5
$14.0
$12.9
$12.3 $12.3
$10.8
New
Used
$2.3
$2.1 $2.1
$1.5 $1.5 $1.4
$1.4
Q1 '06 Q2 '06 Q3 '06 Q4 '06 Q1 '07 Q2 '07 Q3 '07
Total Units (in 000s) 603 627 817 528 624 674 690
22

Q3 2007 GMAC Preliminary Earnings Release
Auto Finance – Consumer Credit Quality
Delinquencies as a % of serviced retail assets
30 days or more past due
• Q3 delinquencies
2.53%
increased due to both
2.47%
2.41%
2.40%
2.34% 2.34%
seasonal and economic
2.29%
2.27%
2.21%
factors
2.16%
2.06%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2005 2006 2007
Annualized credit losses as a % of average
managed retail contracts
1.22%
1.13%
1.12%
1.09% 1.10% 1.02%
0.97%
0.95% 0.91% 0.96% 0.92%
• Losses well within
historical levels
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2005 2006 2007
23

Q3 2007 GMAC Preliminary Earnings Release
Global Auto Finance Consumer Credit Trends
NAO delinquencies have increased in Q3 versus Q2 2007 levels
• Typical to see higher delinquencies in the third quarter
• Elevated delinquencies are present in geographies where home price appreciation
is weakest, but also throughout the rest of U.S.
• GMAC has taken a variety of actions in response to the rise in delinquencies,
including:
– Increased emphasis on initial verification of customer application information on
lower credit tier applicants
– Closer monitoring of portfolio
– Expansion of collection force
– Reduced production of riskiest nonprime loans
IO delinquency levels have improved quarter-over-quarter and year-over-year
• Credit trends in Europe and Asia remain strong
• Some deterioration in Mexico and Brazil, while the remainder of Latin America is
stable
24

Q3 2007 GMAC Preliminary Earnings Release
Insurance – Q3 2007 Key Metrics
• Continued growth in international and
Written Revenue* reinsurance, partially offset by
intense competition in U.S. insurance
market
• Combined ratio of 95.3%, up over
Underwriting Results last year primarily due to weather-
related losses; still competitively
strong and illustrates continued
underwriting discipline
• Portfolio yields remain solid and
Investment Income reflect larger allocation to high quality
fixed income investments
* Includes Written Premium
25

Q3 2007 GMAC Preliminary Earnings Release
Insurance – Consolidated Earnings
Core earnings down slightly due to historically low weather-related
losses in Q3 2006
YTD core earnings performance very strong and 19% above last year
Memo:
Q3 2007 Q3 2006 Change YTD 2007 YTD 2006
($ millions)
1
Core Earnings $114 $126 ($12) $391 $329
2
Capital Gains 9 63 (54) 12 83
3
Interest Expense (6) (6) - (12) (20)
Net Income $117 $183 ($66) $391 $392
4
Combined Ratio 95.3% 89.4% 92.3% 92.3%
1. Core Earnings = underwriting income + investment income, net of tax
2. Represents a post-tax number, pre-tax capital gains are $13 million and $18 million for Q3 and YTD 2007, respectively, and $96 million and $128 million for the same periods in
2006
3. Represents a post-tax number, pre-tax interest expense are $9 million and $18 million for Q3 and YTD 2007, respectively, and $9 million and $31 million for the same periods in
2006
4. Combined Ratio = Sum of all incurred losses and expenses (excluding interest and income tax expense) divided by the total of
premiums and service revenues earned and other income
26

Q3 2007 GMAC Preliminary Earnings Release
Global Liquidity
$28.8
Liquidity at Quarter End*
($ in billions)
$24.4
$4.6
D
Ju
D
Ju
D
Ju
D
Ju
D
Ju
D
Ju
ec
ec
ec
ec
ec
ec
n-
n-
n-
n-
n-
n-
-0
-0
-0
-0
-0
-0
02
03
04
05
06
07
1
2
3
4
5
6
*Cash plus cash equivalents and certain highly liquid marketable securities
Increased cash balances to $28.8 billion at 9/30/07
GMAC and ResCap have undertaken a number of actions to reduce liquidity risk
• Signed new secured facility for up to $21.4 billion
– Replaces prior $10 billion facility
• Completed additional committed funding facilities of $3 billion excluding ResCap
• Reduced originations of illiquid mortgage products
• Accelerated “originate and sell” model for auto finance with auto whole loans and retail
securitizations, amounting to $11 billion in Q3
GMAC and ResCap will continue enhancing access to liquidity, even at the cost of short-term
earnings
27

Q3 2007 GMAC Preliminary Earnings Release
Growth Initiatives
Encouraging progress leveraging GM relationships and experience to
facilitate growth of diversified wholesale and retail auto finance business
• Maintaining our commitment to grow business with GM and GM dealers
• Enrolled 2,800 diversified dealers year to date to participate in National retail
programs
• Posted over 50% year-over-year growth in used originations
• Expanding diversified revenue at Full Service Leasing with emphasis on direct
channel sales strategy to conquest all-makes business
• Expanding the diversified base in Australia through the broker dealer channel
Continuing profitable expansion overseas for all GMAC segments
• Significant asset growth in Latin America due to successful product, pricing and rate-
repositioning initiative
• China revenue growth accelerating due to GMAC's increased country footprint now
operating in 135 cities (516 retail and 448 wholesale dealers)
• Insurance launched new vehicle service contract products to target diverse dealer
market
28

Q3 2007 GMAC Preliminary Earnings Release
Summary
Disappointing performance amidst global dislocation of mortgage and
credit markets
• ResCap losses driven by soft market for mortgage products in U.S. and
Europe as well as lack of market liquidity
• Solid performances at Insurance and Auto Finance could not overcome
ResCap’s loss
Reshaping ResCap business model in response to fundamental changes
in mortgage market
• Simpler, more focused business model driven by distribution opportunities
• Retaining scalable infrastructure to expand business when distribution for
higher-margin products becomes available
GMAC and ResCap expect to have ample liquidity to contend with
challenges in the marketplace as company implements plans to restore
profitability
29

Q3 2007 GMAC Preliminary Earnings Release
Supplemental Charts

Supplemental Q3 2007 GMAC Preliminary Earnings Release
Global Auto Finance – Condensed Income Statement
Q3 2007 Q3 2006
($ millions)
Revenue
Consumer $1,378 $1,461
Commercial 456 399
Operating Leases 1,893 2,079
Total financing revenue 3,727 3,939
Interest expense (2,061) (2,181)
Provision for credit losses (85) (155)
Net financing revenue 1,581 1,603
Servicing fees 97 58
Net gains on sales of loans 250 115
Investment income 162 152
Other income 460 601
Total net automotive financing revenue and other income 2,550 2,529
Depreciation expense on operating leases (1,276) (1,394)
Noninterest expense (735) (632)
Income tax benefit (expense) (20) 183
Net income $519 $320
30

Supplemental Q3 2007 GMAC Preliminary Earnings Release
Insurance – Condensed Income Statement
Q3 2007 Q3 2006
($ millions)
Revenue
Insurance premiums and service revenue earned $1,133 $1,037
Investment income 96 172
Other income 54 49
Total Insurance premiums and other income 1,283 1,258
Insurance losses and loss adjustment expenses (659) (580)
Acquisition and underwriting expense (440) (380)
Premium tax and other expense (26) (17)
Income before income taxes 158 281
Income tax benefit (expense) (41) (98)
Net income $117 $183
31

Supplemental Q3 2007 GMAC Preliminary Earnings Release
ResCap – Condensed Income Statement*
Q3 2007 Q3 2006
($ in millions)
Revenue
Total financing revenue $1,886 $2,086
Interest expense (1,681) (1,704)
Provision for credit losses (884) (239)
Net financing (loss) revenue (679) 143
Mortgage servicing fees 451 401
Servicing asset valuation and hedge activities (123) (331)
Net loan servicing income 328 70
Net gain (loss) on sale of loans (570) 237
Other income (262) 343
Noninterest expense (718) (644)
Goodwill impairment (455) -
Income tax expense 119 (66)
Minority interest (25) -
Net income (loss) ($2,261) $83
*Income statement presentation (condensed) as it appears in ResCap’s Form 10-Q ; results as they appear in GMAC’s Form 10-Q can be found on page 7 of this presentation
32

Supplemental Q3 2007 GMAC Preliminary Earnings Release
ResCap – U.S. HFS Portfolio
During the third quarter, ResCap originated $20.2 billion
• Originated $185 million of nonprime product in Q3 compared to $685 million in Q2 2007
• Originated $4.6 billion of prime nonconforming product in Q3 compared to $9.9 billion in Q2 2007
Total US Q3 2007 sales were $21.3 billion
• Focus on the Agency distribution given the market dislocation
• During Q3 transferred $6 billion from HFS to HFI
Q3 2007 Distribution of $21.3 billion
Q3 2007 Production of $20.2 billion (Issuance and whole loan sales)
9%
7%
1%
25%
9%
23%
60%
66%
Prime Conforming Prime Nonconforming Non-Agency Public Securitizations
Government Nonprime Agency
Prime Second-lien Non-Agency Whole Loans
33

Supplemental Q3 2007 GMAC Preliminary Earnings Release
ResCap - Lending Receivables - Credit Quality
Nonaccrual Loans as a % of • Affordability, tightening credit
Total Lending Receivables standards, and mortgage market
illiquidity have depressed home sales
• Homebuilders’ inventories are rising,
10.9%
margins are declining
9.3%
5.0%
2.9%
0.5% 0.4%
0.2% 0.2% 0.2%
0.1% 0.1%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2005 2006 2007
Net charge-offs as a % of
• Increased specific loan loss reserves
Total Lending Receivables related to our business lending
receivables by $96.8 million
2.7%
• Allowance for loan losses in the
0.5%
0.0% 0.0% 0.0% 0.0% 0.0% 0.4%
0.0% 0.0% 0.0%
lending receivable portfolio increased
to 3.72% for Q3 2007 from 2.66% at
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2005 2006 the end of 2006
2007
* Total lending receivables are $8.8 billion for quarter ended 9/30/07, $11.1 billion for quarter ended 6/30/07, $12.9 billion for quarter ended 3/31/07,
$14.9 billion for 2006 & $13.6 billion for 2005 and are included in the balance sheet under the caption “Finance receivables and loans, net of
unearned income”
34

Supplemental Q3 2007 GMAC Preliminary Earnings Release
Global Auto Finance: Managed to Serviced Assets
Retail Auto Finance
9/30/07 6/30/07 3/31/07 12/31/06 9/30/06
($ millions)
On-balance sheet assets $54,717 $58,973 $60,773 $61,105 $65,962
Off-balance sheet securitized assets 10,803 7,564 5,632 6,591 4,391
Managed assets 65,520 66,537 66,406 67,696 70,353
Whole loan sales* 21,398 19,179 19,657 19,354 19,683
Serviced assets $86,918 $85,716 $86,063 $87,050 $90,036
* Retail receivables included in whole loan sales and full securitization transactions where GMAC is no longer exposed to credit and/or interest rate risk
35

Supplemental Q3 2007 GMAC Preliminary Earnings Release
Reconciliation of Insurance Core Earnings
Memo:
Q3 2007 Q3 2006 YTD 2007 YTD 2006
($ millions)
Net Income $117 $183 $391 $392
1
Add: Pre-tax interest expense 9 9 18 31
2
Less: Pre-tax capital gains 13 96 18 128
Add: Estimated taxes on interest expenses & capital gains 1 30 - 34
Core Earnings $114 $126 $391 $329
1. Amount within premium tax and other expense in Forms 10-Q and 10-K
2. Amount within investment income in Forms 10-Q and 10-K
36

Supplemental Q3 2007 GMAC Preliminary Earnings Release
GM Exposure
Secured Exposure Unsecured Exposure
($ billions) ($ billions)
$6.2-$10.2*
$4.1
$2.1 $1.9 $1.9 $1.9
$1.2 $1.2
$1.1
$1.0
9/30/2005
- 12/31/2006 3/31/2007 6/30/2007 9/30/2007 9/ 30/ 2005
- 12/ 31/ 2006 3/ 31/ 2007 6/ 30/ 2007 9/ 30/ 2007
* Represents a $4 billion undrawn credit line that expired on September 30, 2006
Certain unsecured credit exposure to GM U.S. entities capped contractually at $1.5 billion
• U.S. exposure $1.1 billion at 9/30/07
Exposure monitored continuously
Governance mandates that any new credit exposure over $5 million with affiliated parties
(includes both GM and Cerberus) requires GMAC Board approval
37