ALLY FINANCIAL INC. (NYSE:ALLY) Files An 8-K Regulation FD DisclosureItem 7.01Regulation FD Disclosure.
Ally Financial Inc. is furnishing on this Form 8-K the Ally Financial Inc. Mid-Cycle Dodd-Frank Act Stress Test 2017 – Estimates in the Severely Adverse Scenario, which is attached hereto and incorporated by reference herein as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits.
About ALLY FINANCIAL INC. (NYSE:ALLY)
Ally Financial Inc. is a financial holding company and a bank holding company. The Company’s banking subsidiary, Ally Bank, is a franchise in the Internet, telephone, mobile and mail banking market. The Company operates through three segments: Automotive Finance operations, Insurance operations and Mortgage operations. Its Automotive Finance operations segment provides automotive financing services to consumers and automotive dealers. Its Insurance operations segment offers both consumer financial and insurance products sold through the automotive dealer channel, and commercial insurance products sold to dealers. Its Mortgage operations segment includes the management of its held-for-investment mortgage loan portfolio and the execution of bulk purchases of jumbo and low-to-moderate income (LMI) mortgage loans originated by third parties. Its main lines of business are Dealer Financial Services, which includes its Automotive Finance and Insurance operations, and Mortgage.