WASHINGTON — Wednesday the U.S. Government provided another $3.8 billion cash influx to steady GMAC Financial Services as the financing company deals with big-time losses in its mortgage unit.

The Treasury Department this $3.8 Billion is much less than the $6 Billion previously assumed GMAC needed to stay afloat.

$12.5 billion in taxpayer money is what was first given by the government to GMAC and now the new influx of cash will bring the U.S. Governments interest in the company from 35% to 56%, and the total contribution is now roughly $16.3 Billion

Treasury officials said the government intends to stick to its policy of leaving day-to-day business decisions about financing to GMAC management. Still, with the additional stake, the government will have the right to appoint two additional directors to the company’s board, Treasury officials said.

GMAC will continue to be subject to executive pay restrictions imposed by the government’s pay czar.

Though GMAC is widely know as a wholesale auto financier for GM and Chrysler, it also runs an extremely large mortgage business, ResCap, which has been hard hit by the nationwide housing collapse.

GMAC still remains on shaky financial ground. Last month, it reported a quarterly loss of $767 million, though the results were an improvement over a giant loss a year ago. ResCap lost $747 million during the third quarter as homeowners continued to default on their mortgages in large numbers.