John Murphy’s MEDINA REAL ESTATE REPORT


Bloomington Based ResCap - Will It Survive?

Posted in Twin Cities Real Estate, Mortgages by JOHN MURPHY on the September 3rd, 2008

GMAC announced it is closing down its mortgage operations.   It’s unknown at this point how many of the remaining 600 employees at Bloomington based ResCap will survive the shut down.  It doesn’t look good.

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