Residential Capital LLC

A jury trial is set for Sept. 8, 2008 for a lawsuit filed by Taylor, Bean & Whitaker against Residential Capital, LLC’s subsidiary, GMAC Mortgage, LLP in federal court in Florida.

TBW filed suit in June 2005, alleging that GMACM…

The Federal Trade Commission’s review of certain business practices of one of Residential Capital, LLC’s subsidiaries is ongoing.

Business practices include the subsidiary’s servicing and lending operations.

On Sept. 26, 2007, the FTC informed the Company by letter that they believe there…