ResCap To Close $3B Mortgage Biz Sale By Mid-Feb.

By Maria Chutchian · January 29, 2013, 6:53 PM EST

Residential Capital LLC on Tuesday told a New York bankruptcy judge that it expects to close the $3 billion sale of its mortgage servicing and origination business to Ocwen Financial Corp....

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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