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: Loan Modification & Home Loan News

Warren Buffet in Talks to Buy GMAC/Ditech

By Moe Bedard

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Warren Buffett is in talks to buy Residential Capital ? which controls Costa Mesa-based Ditech.com ? from GMAC, the New York Post reported just before the holidays. National Mortgage News ran a more recent story on ResCap, saying the Buffett deal is a likely scenario for the troubled company, which is the fifth largest loan servicer with [...]

Full post as published by Loan Modification & Home Loan News on January 06, 2010 (boomark / email).

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