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ResCap Judge Tells Ally Mortgage Claimants To Back Off

By Maria Chutchian ( June 23, 2014, 3:47 PM EDT) -- A New York bankruptcy judge on Friday held that a California lawsuit saying Ally Financial Inc. is liable for the alleged mishandling of mortgages related to Residential Capital LLC entities must be thrown out because ResCap's bankruptcy plan explicitly protected Ally from such claims....

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