Bankrupt American Home to sell $1.62 bln mortgages (Reuters via Yahoo! News)

Story date: 2007-08-29 10:14:09
Added on: 2007-08-30 08:36:17

Bankrupt home loan provider American Home Mortgage Investment Corp said on Wednesday a federal bankruptcy judge has authorized the auction by two affiliates of 5,700 mortgage loans with an unpaid principal balance of about $1.62 billion.


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