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Rescap Bankruptcy

Mortgage Unit Of Government-Owned Lender Nearing Bankruptcy

Reuters | Posted 07.13.2012 | Business

By Rick Rothacker and Paritosh Bansal NEW YORK, May 13 (Reuters) - Ally Financial Inc's Residential Capital unit is nearing a bankrupt...

Government-Owned Lender Could Lose Big Time In Unit's Bankruptcy

Reuters | Posted 06.27.2012 | Business

* Rescap unit 'actively considering' bankruptcy-filing * ResCap unit may miss debt payments By Rick Rothacker ...