BALA-CYNWYD, Pa. - American Business Financial Services Inc. announced Thursday that GMAC Residential Funding Corp. of Minneapolis, a subsidiary of GMAC Mortgage, has extended it a $25 million line of credit.

The warehouse facility will go to American Business Financial Services' subsidiaries, including American Business Credit Inc., New Jersey Mortgage and Investment Corp., and Home American Credit Inc., which is doing business under the name Upland Mortgage.

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