Insurers Cry Foul Over $8.7B ResCap MBS Settlement
By Brian Mahoney · February 4, 2013, 1:04 PM EST
Bankrupt Residential Capital LLC's insurer-creditors on Friday blasted its proposed $8.7 billion settlement with 392 securitization trusts over warranty breaches tied to residential mortgage-backed securities, saying the deal was designed to...
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