Berkshire Lays Down $1.5B For ResCap Loan Portfolio

By Carolina Bolado · October 25, 2012, 9:47 PM EDT

Berkshire Hathaway Inc. has won the auction for Residential Capital LLC's legacy loan portfolio with a $1.5 billion bid, one day after the bankrupt real estate finance firm sold its mortgage...

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Case Information

Case Title

Residential Capital, LLC

Case Number

1:12-bk-12020

Court

New York Southern

Nature of Suit

Date Filed

May 14, 2012