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ResCap's Mortgage Loan Borrower Deal Gets Green Light

By Maria Chutchian ( November 26, 2013, 6:41 PM EST) -- Residential Capital LLC received final approval from a New York bankruptycy judge on Tuesday for its settlement with a class of mortgage loan borrowers, a deal that reduces the class' $1.9 billion in claims to a $300 million allowed claim against a ResCap unit....

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