GM might sell stake in mortgage unit

General Motors Corp. might sell a stake in its commercial mortgage unit, raising cash after forecasting its biggest quarterly loss in 13 years.

The company has received interest from potential investors, spokeswoman Toni Simonetti said. She said GM intends to keep a significant equity stake in the unit, which finances everything from nursing homes to office buildings. GM sought to sell it two years ago for about $2 billion.

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