Nationstar and Ally Continuing Talks on ResCap ‘Bankruptcy Option’

Nationstar is continuing negotiations to buy Residential Capital Corp./GMAC from Ally Financial, and if the deal comes off Nationstar would gain $382 billion of mortgage servicing rights, giving it close to $500 billion of residential receivables.

Article source: http://www.nationalmortgagenews.com/dailybriefing/nationstar-ally-rescap-1030291-1.html

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