ResCap Liquidating Trust Seeks Mortgage Claim Settlement For Undisclosed Amount

ResCap Liquidating Trust Seeks Mortgage Claim Settlement For Undisclosed Amount

NEW YORK - The liquidating trust for Residential Capital LLC (ResCap) on Jan. 15 moved in the U.S. Bankruptcy Court for the Southern District of New York for an order approving a settlement agreement among ResCap's bankrupt affiliate, Residential Funding Co. LLC (RFC) and CTX Mortgage Co., Pulte Homes Inc. and PulteGroup Inc. for an undisclosed amount (In Re: Residential Capital LLC, No. 12-12020, Chapter 11, S.D. N.Y. Bkcy.).

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