Types Of Bankruptcy

Home Selling  Sell Your Home to Us As seen on TV and billboards, homevestors and Ug the caveman will buy your house, ugly or not.read more...


Katahdin Cultural Center Makes Progress  On July 1, the doors were open to the new center and residents and visitors were able to see what was being planned for their region.read more...


Nationwide Mortgage Licensing System should help stem fraud in the industry (The Standard-Times)   There are lots of proposed remedies to prevent another mortgage catastrophe like the one we are going through now. Most of the suggestions I have seen won't fix the


Voucher comes through after eight years  The voucher will enable her to rent a home, with the Santa Clara County Housing Authority paying the majority of her rent.read more...


Pepperell mold house once again on the open market (Reg Req'd)  True to her pledge to help others avoid what has happened to her, mold house victim-turned-activist Nancy Davis may once again appear before the Board of Health in an attempt


Mortgage applications on the rise (The New Zealand Herald)  A small rise in mortgage application figures released by credit information provider Veda Advantage is being viewed as a "hint" of some stability in the housing market.read more...

April 30th, 2007

American Home CEO eyeing retail M&A, comments on underwriting changes

“We discontinued the loan product that created the delinquencies, but it will take some time before our [early payment default] exposure is eliminated”

CEO Michael Strauss believes the recent disruptions in the secondary mortgage market could present some M&A possibilities, although he is currently more focused on growing organically, based on his comments … via Snl.com



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