The GMAC Mortgage office in Columbus has taken the Prospect Mortgage brand following a recent national round of office closings and job cuts.
"GMAC felt that we weren't making them enough money, so on Sept. 3 they decided to close 200 retail branches and lay off 5,000 people," said Harriett Elkins, district manager with the new Prospect Mortgage office at 5617 Princeton Ave. That's the same location for the old GMAC operation.
Elkins and five other local staffers were among those who lost their jobs, then became affiliated with Sherman Oaks, Calif.-based Prospect. GMAC's entire Southeast region went with the Prospect brand, as did other GMAC units in the Northeast and West Coast, she said.
"It's a wonderful move. It's great for us," Elkins said of Prospect, which had no presence in the Southeast before this.
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Clients of the Columbus office can contact Elkins at the former GMAC number, 706-320-4512, she said.