WMC Mortgage LLC – Further to $1.5bn Settlement with DOJ, GE Looks to Draw Line Under Mortgage-Related Liabilities with Chapter 11 Filing of Subsidiary

April 23, 2019 − WMC Mortgage LLC ("WMC" or the "Debtor") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 19-10879. The Company, an indirectly held subsidiary of General Electric Company ("GE") historically involved in the origination of home mortgage loans, is represented by Russell C….