American Home, based in Melville, N.Y., was once one of the country's biggest mortgage lenders. The company, which collapsed into bankruptcy in August, halted its loan-origination business and is ...
NEW YORK, Aug 2 (Reuters) - Fitch Ratings on Thursday downgraded its residential servicer rating on American Home Mortgage Servicing Inc., two days after the company's parent said it can no longer ...
American Home Mortgage Servicing forces distressed borrowers into illegal and unconscionable loan modifications and forbearance agreements, provides incompetent customer service, and fails to respond ...
American Home Mortgage Investment Corp. plans to shut down, becoming the second-biggest residential lender to fail this year as bad loans spread to people with good credit records. The last day for ...
NEW YORK--(BUSINESS WIRE)--A class action lawsuit has been filed against the mortgage servicing firm Homeward Residential, the insurer QBE Insurance Corporation, the private equity firm WL Ross & Co., ...
NEW YORK, Aug 23 (Reuters) - A large U.S. mortgage servicer controlled by billionaire investor Wilbur L. Ross sued Lender Processing Services Inc , accusing it of improperly signing documents ...
American Home Mortgage Investment Corp. is seeking court approval for a temporary $35 million loan to keep its loan-servicing business healthy until it is taken over by W.L. Ross & Co. Ross' $500 ...
Acting on behalf of a syndicate of investors, Credit Agricole's Calyon New York Branch has laid claim to nearly $1.2 billion worth of mortgages caught up in the bankruptcy of American Home Mortgage ...