Browsing Tag


Ally to Contribute 2.1B in ResCap Agreement

Residential Capital (ResCap), Ally Financial’s former mortgage subsidiary, announced Thursday it had filed a motion with the U.S. Bankruptcy Court for approval of the previously

May 00, 2013 Banking

Ocwen, Walter Investment Receive Court Approval for ResCap Bid

Ocwen Loan Servicing, LLC and Walter Investment Management Corp. announced the U.S. Bankruptcy Court for the Southern District of New York approved their bid for

November 23, 2012 Banking

Bonuses Denied for 17 ResCap Executives

Residential Capital (ResCap) was denied approval from a federal bankruptcy judge to pay its executives bonuses, Reuters reported Wednesday. The key employee incentive plan (KEIP)

August 57, 2012 Banking
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