Bankruptcy Court OKs $298M ResCap-Fannie Mae Settlement

By Jake Simpson · January 31, 2013, 6:45 PM EST

A New York bankruptcy court on Thursday signed off on Residential Capital LLC's $298 million settlement with Fannie Mae for losses allegedly caused by a May bankruptcy filing, allowing ResCap to...

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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