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Bondholders of Residential Capital LLC, the bankrupt mortgage unit of Ally Financial Inc. (ALLY), are pulling out of a deal to support the company’s reorganization plan, an Ally spokeswoman said in an e-mailed statement.
To contact the reporter on this story: Zeke Faux in New York at zfaux@bloomberg.net
To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net