Trending Thursday: CFPB data collection worse than the NSA?

Trending Thursday: CFPB data collection worse than the NSA?

Slowly but surely GSE shareholders cutting into Treasury, FHFA secrecy

RealtyTrac: All-cash sales at lowest since late 2009

Institutional investor share at 15-year low

3 tips to recruiting Millennial loan officers

How to reverse the aging mortgage industry
W S
Lending / The Ticker

Berkshire Hathaway slows ResCap bankruptcy, wants probe

/ Print / Reprints /
| Share More
/ Text Size+

Berkshire Hathaway requested this week that a court appoint an independent examiner to probe into Residential Capital LLC's bankruptcy. Specifically, Warren Buffet's investment firm wants to investigate transactions between the mortgage lender and its parent company, Ally Financial.

Berkshire Hathaway is a major ResCap creditor.

ResCap, the mortgage subsidiary of Ally Financial, drew Berkshire Hathaway's ire in bankruptcy court over allegations from Berkshire that the ResCap bankruptcy contained improper transactions.  

Click here to read more.

Recent Articles by HousingWire Staff

Comments powered by Disqus