americanhm.com Archived June 2, 2004, at the Wayback Machine
American Home Mortgage Investment Corporation was the 10th largest retail mortgage lender in the United States and was structured as a real estate investment trust (REIT).
In 2007, it filed for bankruptcy and was liquidated.[2][3] The company was focused on earning net interest income from self-originated loans and mortgage-backed securities, and through its taxable subsidiaries, from originating and servicing mortgage loans for institutional investors.
Mortgages were originated through the company's employees as well as through mortgage brokers and purchased from correspondent lenders and were serviced at the company's servicing center in Irving, Texas.
The company filed for Chapter 11 bankruptcy protection in Wilmington Delaware federal court, on August 6, 2007.[2] The week before the filing, the company said that many of its lenders had demanded their money back, and that AHM was also unable to deliver on about US$800 million in commitments for housing loans, and had laid off nearly ninety percent of its 7,000 employees.[4]
^ abc"American Home Mortgage, Form 10-K, Annual Report, Filing Date Mar 1, 2007" (PDF). secdatabase.com. Retrieved Jan 6, 2013.
^ ab"American Home Mortgage, Form 8-K, Current Report, Filing Date Aug 9, 2007". secdatabase.com. Retrieved Jan 6, 2013.
^McLaughlin, Tim; Stempel, Jonathan; Giannone, Joe (August 6, 2007). "American Home Mortgage files for bankruptcy". Reuters.
^"AHM Files for Bankruptcy". The New York Times. Associated Press. August 6, 2007.
and 26 Related for: American Home Mortgage information
AmericanHomeMortgage Investment Corporation was the 10th largest retail mortgage lender in the United States and was structured as a real estate investment...
of the home. Regulators and academics have given mixed commentary on the reverse mortgage market. Some economists argue that reverse mortgages may benefit...
(loan)". Mortgage borrowers can be individuals mortgaging their home or they can be businesses mortgaging commercial property (for example, their own business...
Bank of AmericaHome Loans is the mortgage unit of Bank of America. It previously existed as an independent company called Countrywide Financial from 1969...
which funds are withdrawn, second mortgages can be arranged as home equity loans or home equity lines of credit. Home equity loans are granted for the...
A homemortgage interest deduction allows taxpayers who own their homes to reduce their taxable income by the amount of interest paid on the loan which...
The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the 2007–2008 global...
Union HomeMortgage is an Americanmortgage loan company based in Strongsville, Ohio. Founded in 1970, the company reports that it operates in 44 states...
The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered...
mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage...
The HomeMortgage Disclosure Act (or HMDA, pronounced HUM-duh) is a United States federal law that requires certain financial institutions to provide...
$750 million. Homeward consisted of the mortgage servicing from AmericanHomeMortgage and Option One Mortgage. The acquisition was finalized on December...
Clayton Properties Group, Vanderbilt Mortgage, 21st Mortgage, and insurance company HomeFirst Agency. Clayton Homes was founded in 1956 by Jim Clayton....
American Advisors Group (AAG) is an American reverse mortgage lender. It provides government-insured Home Equity Conversion Mortgage (HECM) loans and has...
second mortgage). Because a home often is a consumer's most valuable asset, many homeowners use their HELOC for major purchases or projects, such as home improvements...
United Wholesale Mortgage (UWM), formerly United Shore Financial Services, is an American wholesale mortgage lender headquartered in Pontiac, Michigan...
Rocket Mortgage FieldHouse is a multi-purpose arena in Cleveland, Ohio. The building is the home of the Cleveland Cavaliers of the National Basketball...
home in New York City. Morgan also paid $6.95 million to Hannibal Pictures Incorporated after an abandoned movie project. The AmericanHomeMortgage Servicing...
the potential to affect not only on home valuations, but also mortgage markets, home builders, real estate, home supply retail outlets, Wall Street hedge...
Federal Housing Administration mortgage insurance backed mortgage loan that is provided by an FHA-approved lender. FHA mortgage insurance protects lenders...
Mortgage fraud refers to an intentional misstatement, misrepresentation, or omission of information relied upon by an underwriter or lender to fund, purchase...
mortgage market by reducing the reliance on locally based savings and loan associations (or "thrifts"). Its brother organization is the Federal Home Loan...
Veterans United Home Loans is a full service mortgage lender headquartered in Columbia, Missouri. The company has 28 offices nationwide and is licensed...
makes financial sense to refinance. In some American jurisdictions, varying by American state, refinanced mortgage loans are considered recourse debt, meaning...
Global Information
US$1.026 billion (2006)[1]