GMAC To Pay $230M In Fed Foreclosure Deal

By Linda Chiem · July 26, 2013, 4:30 PM EDT

Bankrupt Residential Capital LLC's subsidiary GMAC Mortgage LLC will pay $230 million to borrowers who lost their homes due to the company's alleged deficient mortgage servicing and foreclosure practices under a...

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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