About Residential Capital - Servicing Platform
Residential Capital (ResCap) is a real estate finance company focused primarily in the residential real estate market. The company's diversified businesses cover the spectrum of the U.S. residential finance industry, from origination and servicing of mortgage loans through securitization on the secondary market. ResCap also provides capital to other originators of mortgage loans.In February 2013, Ocwen Financial, through Ocwen Loan Servicing, acquired the servicing platform assets of ResCap. Terms of the deal were not released.