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FHFA Joins Opposition To ResCap Ch. 11 Plan

By Kaitlin Ugolik ( October 23, 2013, 1:24 PM EDT) -- The Federal Housing Finance Agency objected Tuesday to Residential Capital LLC's Chapter 11 plan, arguing that it fails to provide the agency its claim of first priority to payment and unfairly gives it a smaller distribution percentage than the general unsecured creditors will receive....

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