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Buffett, IBM vie for ResCap

Friday, September 28, 2012

WN.com - Business News
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Buffett, IBM vie for ResCap
Sep 29th 2012, 05:31

Big Blue appears as though it will be giving Warren Buffett a run for his money in the $2.4 billion auction of the mortgage-servicing portfolio of bankrupt ResCap, The Post has learned. And that might be fine with the Oracle of Omaha. IBM, which is in the mortgage-servicing sector through its ownership of Seterus, has teamed with the Ocwen Financial Group to consider...
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