ResCap Auction Process Could Last Five Days, No Material Advantage for Any Bidder

Residential Capital Corp. will be auctioned off to the highest bidder in less than a month but the process of choosing a winning bidder could stretch out to five days.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Auction-of-ResCap-may-take-five-days-1032394-1.html

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