Residential Capital LLC, the bankrupt mortgage lending unit of Ally Financial Inc., lost $109.3 million in the month and a half since it filed for bankruptcy, Reuters reported yesterday. The losses were disclosed in a June monthly operating report filed yesterday in bankruptcy court. Taxpayers own about 74 percent of Ally, which did not file for bankruptcy. Ally put ResCap into chapter 11 on May 14 as a means of addressing the unit's mortgage-related liabilities.
