Highlights
American Home Mortgage Investment Corp., a real estate investment trust based in Melville, filed for bankruptcy in 2007, a victim of tightening credit markets and the decreasing value of its loan portfolio. American Home is the first major lender serving sub-prime, or high-credit and near-prime borrowers.
American Home Mortgage Investment Corp., a real estate investment trust based in Melville, filed for bankruptcy in 2007, a victim of tightening credit markets and the decreasing value of its loan portfolio. American Home is the first major lender serving sub-prime, or high-credit and near-prime borrowers.
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Deeds: Lehigh Valley Area
ALBURTIS Hoffman, James J., Hoffman, Jessica M. Nanni and Nanni Hoffman, Jessica M. from Troutman, Jason, 317 Ridgeview Dr., $150,500, (4/26). Wentzel, Marie C. from Cwynar, Matthew J. and Cwynar, Kristen, 323 W. Second St., $155,000, (4/26). ALLEN...Tags: Center Valley, Woodbridge, Union (Tolland, Connecticut), College Sports, Federal National Mortgage Association
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More borrowers gain permanent mortgage relief in August
Money & CompanyThe number of borrowers who received permanent aid through the Obama administration's signature foreclosure relief program ticked up slightly in August. A total of 690,969 borrowers had received active permanent modifications through the Home Affordable... -
BofA, Chase must do more to help troubled homeowners, Obama administration says
Money & CompanyBank of America and J.P. Morgan Chase Bank are in substantial need of improvement when it comes to helping troubled borrowers modify their mortgages, the government said Thursday. The Obama administration judged them unworthy of receiving financial... -
Online bill pay customers burned by double-billed mortgage
Investigative ReporterDENVER -- For millions of homeowners, online bill pay is the fastest easiest way to pay their mortgage every month. But Joyce Terlaje is paying the price for that convenience. She is one of hundreds of American Home Mortgage Services customers who had...Tags: Real Estate, Mortgages
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A happy ending is in the works for rescued farm animals at foreclosed Rhode Island sanctuary
L.A. UnleashedThe residents of Bonniedale Farm, a recently-foreclosed farm animal sanctuary in Rhode Island, are in good hands today thanks to an agreement reached between the sanctuary's former owner, Dan MacKenzie, and the mortgage company that forced him to leave... -
Condo rules may stump buyers
Special to The TribuneWhen engaged couple Martha Mezyk and Pawel Fraczek bought a home to share, they chose a two-bedroom condominium at the Everleigh in Des Plaines. One of the attractions was the short commute to Chicago. Another was no outdoor maintenance. "We're both...Tags: Condos, Homes, Real Estate, Finance, Real Estate Buyers
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Uncertain times prove application ain't over till it's over
Special to the TribuneHome buyers and refinancers beware: The mortgage business is experiencing turbulence -- so the loan commitment you thought was solid could come unhinged. At the end of July, a large lender, American Home Mortgage, based in Melville, N.Y., had its funding...Tags: Chicago, Homes, Money and Monetary Policy, Real Estate Buyers, Bankruptcy
May 25, 2012
|Story| Allentown Morning Call
Oct 5, 2011
| Los Angeles Times
Sep 1, 2011
| Los Angeles Times
May 23, 2011
|Story| KDVR
Dec 10, 2009
| Los Angeles Times
Aug 1, 2007
|Story| Chicago Tribune
Aug 12, 2007
|Story| Chicago Tribune
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