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Updated about 17 years ago, 10/10/2007

Account Closed
0
Votes |
2,594
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Largest Mortgage Co Bankrupt

Account Closed
Posted

American Home Mortgage was one of the nation’s largest originators of residential mortgages, making nearly $60 billion of loans last year. Its filing makes it the second-largest lender -- behind New Century Financial Corp. -- to go bankrupt during the current subprime mortgage meltdown.

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