In re Residential Capital, LLC
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM OPINION AND ORDER SUSTAINING THE RESCAP BORROWER CLAIMS TRUST’S OBJECTION TO CLAIM NO. 5282 OF MICHELLE LAWSON
MARTIN GLENN, UNITED STATES BANKRUPTCY JUDGE
Michelle Lawson is current on her first lien mortgage loan (the “First Mortgage”) and second lien mortgage loan (the “Second Mortgage”), both originated in December 2004. Debtor GMACM Mortgage, LLC (“GMACM”) played no role in the origination of either the First Mortgage or Second Mortgage, but it bought the Second Mortgage in February 2007 and owned it for approximately one month before selling it to a securitization trust. After…
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