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In a filing today with the Securities and Exchange Commission (SEC) GMAC revealed that it will no longer have the exclusive right to finance all of General Motors vehicles, and it will cease all lease financing as well. The new business arrangements are part of the terms of GMAC's agreement with the U.S. government to secure federal aid. The new deal displaces a previous agreement under which GMAC agreed to pay GM an exclusivity fee each year through 2016 for the privilege of being the company's sole lender for new sales and leases.