Mortgage agents and franchisees are recognized using two measures of success — annual mortgage dollar volume and annual mortgage unit volume. (remonline.com)
According to news reports, ResCap, a residential mortgage unit of Ally, filed for Chapter 11 bankruptcy protection on May 14, 2012. (bankruptcyhome.com)
White & Case's restructuring lawyers, meanwhile, continue to be busy, picking up assignments for life sciences solutions company Novasep and bondholders of Residential Capital, the embattled mortgage unit of Ally Financial, which is being urged to stand behind its struggling subsidiary. (amlawdaily.typepad.com)