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01/16/2013 01:39:13 PM EST

ResCap $130M FHA Loan Sale Proceeds, But Protests Linger

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Law360: Bankruptcy

The U.S. government’s concerns over Residential Capital LLC’s proposed sale of a $130 million loan portfolio insured by the Federal Housing Administration will live another day after a New York bankruptcy judge approved ResCap's auction procedures Wednesday but held off on ruling on the sale itself. Read More...