Residential Credit Solutions bid more than $64 million in cash for a 50 percent stake in a limited liability company organized by the FDIC to hold a portfolio of mortgages with $1.3 billion in unpaid principal. ...
The Federal Deposit Insurance Corp. (FDIC) confirmed Residential Credit Solutions (RCS) as the winning bidder in the pilot sale of toxic mortgage loan assets through the Legacy Loans Program (LLP). The LLP, part of the Public-Private ...
Fort Worth, Texas-based Residential Credit Solutions Inc. is paying $64.2 million for a 50 percent stake in a new company that will have about $1.3 billion in home mortgages from the failed Franklin Bank. ...
The Federal Deposit Insurance Corp. (FDIC) confirmed Residential Credit Solutions (RCS) as the winning bidder in the pilot sale of toxic mortgage loan assets through the Legacy Loans Program (LLP). The LLP, part of the Public-Private ...
The Federal Deposit Insurance Corp. (FDIC) confirmed Residential Credit Solutions (RCS) as the winning bidder in the pilot sale of toxic mortgage loan assets through the Legacy Loans Program (LLP). The LLP, part of the Public-Private ...
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