2012-02-09mortgagenewsdaily.com

"One of the financial institutions that are party to the reported settlement agreement with the attorneys general of the majority of the states is reportedly on the auction block. According to Bloomberg News, Ally Financial is talking with private equity firms about selling its mortgage unit, Residential Capital LCC, through a pre-package bankruptcy."



Comments: Be the first to add a comment

add a comment | go to forum thread