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Wilmington, DE

American Home Mortgage's new chapter opens in bankruptcy court

American Home Mortgage's new chapter starts Tuesday in bankruptcy court in Wilmington, Del.

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bill
United States
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#1
Wednesday Jul 23
 
what if you have a loan with ahm and they dont get anyone to purchase their portfolio ,
NYStateOfMind
New York, NY
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#2
Wednesday Jul 23
 
bill wrote:
what if you have a loan with ahm and they dont get anyone to purchase their portfolio ,
The loan is considered an asset for AHM. Wilbur Ross' company is provides the financing to complete the bankrupcy process. He will have first option to purchase any appreciable assets (i.e. portfolios) at cents on the dollar...
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