Banks Oppose Sale of American Home (AP via Yahoo! Finance)
Story date: 2007-10-11 12:45:12
Added on: 2007-10-12 08:21:12
The planned sale of American Home Mortgage Investment Corp.'s loan-servicing business to investor Wilbur Ross has run into opposition from Wall Street investment banks, some of which are raising legal questions that could roil the mortgage-securitization market.
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