ResCap has been working to change a practice involving the netting of cash flows of multiple RMBS deals serviced by its GMAC Mortgage (GMACM) subsidiary.

The practice recently led to Moody's Investors Service to put $5.9 billion in RMBS serviced by GMACM on review for possible downgrade. A call placed to Moody's late Tuesday about whether it might change the rating status of the GMAC-serviced RMBS as a result had not been returned at press time Wednesday.

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