Ally Financial's mortgage unit, ResCap, is considering filing for bankruptcy by next Monday,...

|By:, SA News Editor

Ally Financial's mortgage unit, ResCap, is considering filing for bankruptcy by next Monday, when it must repay some debt, and it's considering asset sales, Reuters reports. Ally, which still owes the government $12B for its bailout, also faces losing business from key customers GM (GM) and Chrysler (FIATY.PK).