Ally Financial in Detroit has agreed to pay $52 million to settle probes and claims related to its role as the underwriter for subprime mortgage backed securities in 2006 and 2007.

The agreement between the $157 billion-asset Ally and the Justice Department will close all remaining investigations of Residential Capital LLC and its subsidiaries in connection with 10 subprime residential mortgage backed securities, Ally said in a Monday news release. The now-defunct Residential Capital was once unit of Ally’s predecessor, GMAC.

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