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Berkshire Hathaway (BRK.B), with an offer of $1.5B, wins the bidding for ResCap's loan...

Berkshire Hathaway (BRK.B), with an offer of $1.5B, wins the bidding for ResCap's loan portfolio, reports Bloomberg. Apparently, only one other bid was made - that from a group including Credit Suisse. Yesterday, Ocwen Financial for $3B won the bidding for ResCap's mortgage servicing portfolio.
Comments (1)
  • Jimdotedu
    , contributor
    Comment (1) | Send Message
     
    Geezer who holds BRK.B
    25 Oct 2012, 05:08 PM Reply Like
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