Borrower Class Says $57M ResCap Set-Aside Isn't Enough

Borrower Class Says $57M ResCap Set-Aside Isn't Enough

A class of residential mortgage borrowers on Thursday attacked Residential Capital LLC’s Chapter 11 plan, saying it improperly aims to keep them from suing nondebtor entities and that the $57.6 million set aside for borrower claims isn’t enough ...read more

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