Berkshire Hathaway (BRK.B) offers to buy the mortgage division and loan portfolio of ResCap -...

|About: Berkshire Hathaway inc. (BRK.B)|By:, SA News Editor

Berkshire Hathaway (BRK.B) offers to buy the mortgage division and loan portfolio of ResCap - the newly bankrupt subsidiary of Ally Financial. A legal battle is shaping up as Berkshire wants to replace Fortress (FIG) - which already has a deal with ResCap - as the "stalking horse" bidder.