ResCap suing brokers who originated bad mortgage loans
By DAVID PHELPS, Star Tribune
August 9, 2008
A division of ResCap, the embattled mortgage-finance arm of GMAC Financial Services, is fighting back in the home-lending credit crisis.
The Bloomington-based investor has filed more than a dozen federal lawsuits in Minnesota against mortgage companies, claiming that they failed to do adequate [...]
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