GMAC Inc., a finance company that is 56% owned by the U.S., has hired Goldman Sachs Group Inc. to help with the sale of its unprofitable Residential Capital mortgage unit, according to a published report.

A story in Friday's New York Post cited a person familiar with the matter as saying it was becoming increasingly likely that Warren Buffett's Berkshire Hathaway Inc., which already owns some ResCap debt, might buy the mortgage lender.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.