Ally Financial said it expects to incur a $100 million second-quarter charge to cover mortgage losses posted by securitization trusts, and that it received subpoenas from regulators related to "certain mortgage activities."
WSJ.com: What's News US, Wall Street Journal
Wed, 06/29/2011 - 8:47am
Ally Financial said it expects to incur a $100 million second-quarter charge to cover mortgage losses posted by securitization trusts, and that it received subpoenas from regulators related to "certain mortgage activities."