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ResCap to Pay $230 Million to Borrowers Under Pending Foreclosure Deal

Posted on July 1 2013 by Spectrevision SecretSanta

ResCap to Pay $230 Million to Borrowers Under Pending Foreclosure Deal

ResCap to Pay $230 Million to Borrowers Under Pending Foreclosure Deal

online.wsj.com
Ally Financial Inc.'s mortgage subsidiary, Residential Capital LLC, received court approval to set aside $230 million to be distributed to borrowers who may have been improperly foreclosed upon under a tentative settlement reached with the Federal Reserve.

http://online.wsj.com/article/BT-CO-20130626-706633.html

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