GMAC-RFC Health Capital Names Rossi Felix Executive Vice President; Industry Veteran to Lead Marketing and Sales

		GMAC-RFC ROSSI FELIX Rossi Felix. (PRNewsFoto)[JL] MINNEAPOLIS, MN USA

		GMAC-RFC LOGO GMAC-RFC (Residential Funding Corporation) logo. GMAC-RFC, a wholly owned subsidiary of General Motors Acceptance Corporation, is America's largest private-label issuer of mortgage-backed securities and a leading warehouse lender. The company leverages its strengths in securitization, lending and investment to offer a broad portfolio of innovative capital solutions. The company is headquartered in Minneapolis and operates in the United States, Europe, Latin America and Japan. Contact: http://www.rfc.com. (PRNewsFoto)[TK] MINNEAPOLIS, MN USA

MINNEAPOLIS, June 17 /PRNewswire/ -- Residential Funding Corporation (GMAC-RFC)'s Health Capital group announced today the appointment of Rossi Felix to executive vice president and national marketing manager of GMAC-RFC Health Capital. Felix will be responsible for the development and implementation of a direct marketing strategy designed to provide a diverse array of financial solutions to the U.S. healthcare industry. (Photo: http://www.newscom.com/cgi-bin/prnh/20020617/MNM007 http://www.newscom.com/cgi-bin/prnh/20000324/MNF002 ) "Rossi's energy and industry knowledge will provide a great benefit to our clients," said Lorna Gleason, managing director, GMAC-RFC Health Capital. "Healthcare is the largest industry in the United States, with high growth potential, and it has an unending need for capital. Rossi will build awareness in the marketplace for our innovative capital solutions that will help transform healthcare financing and support the industry's growth." Most recently, Felix was the regional sales manager and business development officer for GE Capital Healthcare Finance. He brings more than 17 years of healthcare finance experience in sales, business development and risk management to GMAC-RFC Health Capital. One of Felix's first priorities will be to build a sales and marketing team to offer the company's flexible financing solutions to middle-market healthcare companies nationwide. GMAC-RFC Health Capital, part of GMAC-RFC's Business Capital Group, was created in 2001 to provide tailored financial solutions to a wide array of healthcare enterprises. This industry focus includes healthcare service providers such as hospitals, nursing homes and doctor groups as well as medical product, technology, device and other middle-market healthcare companies in need of capital. ABOUT GMAC-RFC GMAC-RFC, a wholly owned subsidiary of GMAC Financial Services, is a leading private issuer of mortgage-backed securities and home equity loan asset-backed securities, and the No. 1 warehouse lender in the United States. The company leverages its strengths in securitization, lending and investment to offer a broad portfolio of innovative capital solutions to businesses in a variety of markets. The company is headquartered in Minneapolis and operates in the United States, Europe and Latin America. http://www.gmacrfc.com