Ally Financial’s ResCap mortgage unit files for bankruptcy – USA TODAY
 Bloomberg |
Ally Financial's ResCap mortgage unit files for bankruptcy
USA TODAY NEW YORK (AP) – The government is hoping that Monday's bankruptcy filing by Ally Financial's troubled mortgage business will help the company repay its government bailout faster. Residential Capital, or ResCap, filed for Chapter 11 bankruptcy … Ally Financial: Rescap Mortgage Subsidiaries File Chapter 11 Ally Financial Announces Key Strategic Actions to Strengthen Company and … Ally hopes to end mortgage woes with ResCap bankruptcy |
