Freddie Mac urged a bankruptcy court to reject Residential Capital's recent deal with Financial Guaranty Insurance Co. to slash the bond insurer's claim against ResCap by nearly $5 billion, arguing the deal was not negotiated in good faith and would unfairly shortchange the mortgage giant.
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0 minute readFreddie Mac urges judge to reject ResCap, FGIC deal
July 31, 2013, 9:24am
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About HousingWire Staff
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