NEW YORK AP - American Home Mortgage Corp. filed for bankruptcy protection on Monday, the latest casualty of a mortgage industry that has plunged into distress.The Melville, N.Y.-based company's request for Chapter 11 bankruptcy protection - filed in bankruptcy court in Wilmington, Del. - caps more than a week of turmoil for what was last year the 10th-biggest U.
August 06, 2007 at 12:00 AM
1 minute read
NEW YORK AP – American Home Mortgage Corp. filed for bankruptcy protection on Monday, the latest casualty of a mortgage industry that has plunged into distress.
The Melville, N.Y.-based company’s request for Chapter 11 bankruptcy protection – filed in bankruptcy court in Wilmington, Del. – caps more than a week of turmoil for what was last year the 10th-biggest U.S. home lender.
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