Shares of American Home Mortgage Investment Corp., the country's 10th-largest mortgage lender, plunged 90% Tuesday to close at $1.04 on news that it cannot pay its debts. The company's banks cut off ...
NEW YORK, July 29 (Reuters) - American Home Mortgage Investment Corp. said its banks are demanding it put up more cash after the mortgage lender wrote down the value of its loan and security ...
Wilbur Ross's American Home Mortgage faces servicing lawsuits Billionaire Wilbur Ross's American Home Mortgage Servicing Inc., facing lawsuits by attorneys general in two states, was sued by a ...
NEW YORK AP - American Home Mortgage Corp. filed for bankruptcy protection on Monday, the latest casualty of a mortgage industry that has plunged into distress.The Melville, N.Y.-based company's ...