Wednesday, May 07, 2025

Quality | 2007.07.31

Mortgage lender running out of cash, options

Shares of American Home Mortgage Investment Corp. plunged 90 percent Tuesday after the company raised fears it may become insolvent, renewing concern about worsening credit quality in the mortgage market and killing a Wall Street rally.

 

For more information, please visit
http://www.msnbc.msn.com/id/20056343/

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