GMAC Mortgage Corp.'s application for a thrift charter is drawing fire from community activists, who say that the company's CRA commitment is inadequate.

In late August, GMAC Mortgage, a Horsham, Pa., unit of General Motors, filed with the Office of Thrift Supervision to form a federal savings bank. The bank, which would be headquartered in Wilmington, Del., would let GMAC Mortgage "become a stronger community member," a company spokesman said then.

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