by Calculated Risk on 3/28/2007 05:30:00 PM

Here is the presentation from the ResCap / GMAC Financial Services 2007 Investor Forum.

ResCap evaulated the impact of the their new underwriting guidelines on their 2006 vintage portfolio (hat tip Brian). The new guidelines would have eliminated 58% of subprime loans, 20% of Alt-A loans and 35% of all 2nds. Wow!