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ResCap’s Neary Resigns, Glassner Assumes EVP Role 

Jul 28, 2009By

Residential Capital’s executive vice president and senior managing director, Thomas Neary, resigns effective July 31. ResCap operates GMAC’s residential mortgage business, including the GMAC Mortgage and Ditech brands. Neary joined the company in June 2008, after serving as executive vice president and head of mortgage capital markets at Wells Fargo [stock WFC][/stock] and other senior positions with Bank of America [stock BAC][/stock] and BancBoston Mortgage.

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