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Bankruptcy

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SilverLeaf Snags $28 Million in Assets 

Jul 13, 2009By

[Update 4: clarifies status of General Motors’ bankruptcy, clarifies loans were originated by GMAC, and seller’s unknown identity.] SilverLeaf Financial acquired $28m in mortgage notes, containing loans originated by GMAC, for a sharply discounted price of $4.9m, according to a corporate release.

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