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Ally Financial Swings to Profit on Gains From Mortgages – Bloomberg

Ally Financial Swings to Profit on Gains From Mortgages
Bloomberg
Ally Financial Inc. (ALLY), the auto lender that got a $ 17.2 billion government bailout, reported a $ 384 million third-quarter profit, reversing a loss from a year earlier on a gain from its mortgage operations. Earnings compared with a loss of $ 898

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