Residential Capital, LLC went out of business as its plan of liquidation became effective on December 17, 2013. Under the plan, ResCap will distribute billions of dollars to creditors raised by liquidating assets, including a mortgage platform bought by Ocwen Loan Servicing and Green Tree Servicing for $3 billion. The company also sold a portfolio of loans for $1.5 billion.

ResCap will receive $2.1 billion under its Ally settlement.