0 minute readResidential Capital LLC won’t stand in the way of creditors seeking to litigate claims against the mortgage lender’s parent, Ally Financial Inc., for actions they say harmed ResCap, a court filing shows.
The official committee representing unsecured creditors in ResCap’s Chapter 11 bankruptcy said in a filing late Tuesday that the lender will consent to a motion the committee may seek to gain court approval to pursue such claims.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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HUD would permit multi-story manufactured homes without a permanent chassis
HUD proposes expanding manufactured home rules for multi-story designs, allowing upper sections without a chassis that can cost $5,000 to $10,000.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
