Ally Financial Inc

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Company Profile

Ally Financial, Inc. is a holding company, which engages in the provision of digital financial services. It operates through the following segments: Automotive Finance Operations, Insurance Operations, and Mortgage Operations. The Automotive Finance Operations segment provides automotive financing services to consumers and automotive dealers. The Insurance Operations segment offers both consumer financial and insurance products sold primarily through the automotive dealer channel, and commercial insurance products sold to dealers. The Mortgage Operations segment includes the management of held-for-investment mortgage loan portfolio and the execution of bulk purchases of high-quality jumbo and low-to-moderate income mortgage loans originated by third parties. The company was founded in 1919 and is headquartered in Detroit, MI.