ResCap Unit GMAC Hit With Suit Over Servicing Agreement

By Lisa Uhlman ( November 13, 2012, 7:28 PM EST) -- American Residential Equities LLC, trustee for purchasers of residential mortgage loans, filed suit in New York bankruptcy court Friday accusing Residential Capital LLC affiliate GMAC Mortgage LLC of failing to pay money due to ARE and artificially inflating insurance prices....

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