Company Information

Get to know ResCap

ResCap was a leading entity in the U.S. real estate finance market, specializing in mortgage origination, servicing, and securitization. As a subsidiary of GMAC (later Ally Financial), it was one of the largest subprime mortgage lenders in the country. The company was severely impacted by the 2008 financial crisis due to its extensive portfolio of risky loans and mortgage-backed securities. Facing insurmountable legal liabilities and losses, ResCap filed for Chapter 11 bankruptcy on May 14, 2012. The subsequent liquidation saw its assets, primarily mortgage servicing rights, sold off to other financial institutions, and the company was ultimately wound down.

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Financial BankingPRIMARY
Financial Other Service

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ResCap

Mongolia

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

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DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.