American Home Cancels Auction (AP via Yahoo! Finance)
Story date: 2007-10-05 10:23:10
Added on: 2007-10-05 11:00:16
Bankrupt lender American Home Mortgage Investment Corp. has scrapped a scheduled Friday auction of its mortgage loan servicing business, and said it will seek court approval to sell the operation to billionaire investor Wilbur Ross.
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American Home Cancels Auction
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