Ally http://wkyufm.org en Mortgage Division Filing Chapter Eleven http://wkyufm.org/post/mortgage-division-filing-chapter-eleven <p>The mortgage division of a company which used to be the financing arm of General Motors Company is filing for bankruptcy protection. Ally Financial&#39;s mortgage division is known as Rescap.The government-owned lender had reportedly been considering a chapter eleven filing for Rescap for some time. Mon, 14 May 2012 15:44:29 +0000 Associated Press & Dan Modlin 12358 at http://wkyufm.org