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Loan Modification

: Mortgage Lender Implode-o-Meter

ResCap auction advances but hurdles remain

By Implode-Explode Heavy Industries

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"An auction of Ally Financial's Residential Capital has advanced into the second round, with some would-be buyers circling the assets, but a sale of the mortgage lender faces hurdles, sources familiar with the matter said."

Full post as published by Mortgage Lender Implode-o-Meter on July 27, 2010 (boomark / email).

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