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ResCap Wins Approval to Try to Sell Defaulted Loans
ResCap Wins Approval to Try to Sell Defaulted Loans Businessweek Residential Capital LLC, the bankrupt mortgage company whose parent is owned by the U.S. government, won court approval to try to sell a pool of defaulted loans with a balance of about $130 million. The mortgages are the best of about $1 billion in bad ...
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