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NFE/5.0en-USnews-webmaster@google.com2019 Google Inc.Mon, 21 Jan 2019 11:06:24 GMTGoogle News
When Is the Best Time to Buy a Home in 2019?  TheStreet.com

Knowing the right time to buy house is just as important in the home buying process as knowing what house you're going to buy, where you're going to buy it, ...

CoreLogic: Home prices will rise in 2019 | 2018-12-31  HousingWire

In 2018, the principal-and-interest mortgage payment on the median-priced home climbed by more than 16%, according to the latest data from CoreLogic.

This home-buying strategy could come back in style as mortgage rates rise  CNBC

How badly do you want that new house? Prospective home buyers are facing pressure in the form of high home prices and the prospect of rising mortgage rates.

Mortgage refinancing spree becomes a race against the clock  Bankrate.com

Some 43 million homeowners can reduce their mortgage interest rate by refinancing, according to a recent mortgage report by Black Knight, a mortgage data ...

Reverse Mortgages Are A Bust Partly Because Average Home Equity Is $80,000  Forbes

Reverse mortgage may not help most American seniors close the gap between what they need and what they have for a comfortable retirement. Over 50% of ...

American Home Mortgage Investment Corp (NYSE:AHH) Big Money Sentiment Index Dropped in 2018 Q3 to 1.59  K Reviewer

In Q3 2018 American Home Mortgage Investment Corp (NYSE:AHH) big money sentiment decreased to 1.59, according to SEC filings. That's down -0.44, from ...

K Reviewer
Big Money Sentiment Indicator of American Home Mortgage Investment Corp (NYSE:AHH) Dropped in Q3 2018 to 1.59  Z Tribune

“Big money sentiment for American Home Mortgage Investment Corp (NYSE:AHH) in Q3 2018 decreased to 1.59, according to SEC.gov filings. That's down ...

Z Tribune
Falling Mortgage Rates Raise Hopes for Battered Housing Market  The Wall Street Journal

Mortgage rates have fallen to around their lowest levels in eight months, offering a potential boost to the housing market after a rough patch in recent months.

The Wall Street Journal
American Home Mortgage Investment Corp Sentiment Worsening on Bad Stock Potential, Now at 1.59  Z Tribune

In 2018 Q3 American Home Mortgage Investment Corp (NYSE:AHH) big money sentiment decreased to 1.59, according to SEC filings. So its down -0.44, from ...

Z Tribune
JOHN BRUMMETT: This is for your own good  Arkansas Online

State Sen. Bob Ballinger of Hindsville wants to set a minimum wage in Arkansas the same way the electoral college has installed two second-place Republican ...

Arkansas Online
Richmond American Debuts First Model Homes in Greater Portland  GuruFocus.com

Richmond American Debuts First Model Homes in Greater Portland, Stocks: NYSE:MDC, release date:Jan 07, 2019.

What the Shutdown Means for a T.S.A. Agent at America’s Busiest Airport  The New Yorker

Charles Bethea speaks with a T.S.A. officer who works at Hartsfield-Jackson International Airport, in Atlanta, Georgia, on the effects of the ongoing government ...

The New Yorker
Eviction filings and code complaints: What happened when a private equity firm became one city’s biggest homeowner  The Washington Post

MEMPHIS — She was late on rent and back in eviction court. Second time this year. Fourth time in the past two. Cassandra Brown, married mother of two, was ...

The Washington Post
Carlos Santana 2019 Tour Dates: See Them Here  Billboard

Carlos Santana announced today (Jan. 16) that he will be going on a North American tour this year. See the dates here.

Chris Hansen owes $250,000 in taxes, $60,000 to American Express and over $1 million for mortgage  Daily Mail

Chris Hansen owes $57931.72 to American Express, $126356.35 to TD Bank, over $15000 to Ally Financial and $1078164.73 to US Bank Trust according to ...

Daily Mail
To HELOC and Back: Home Equity Lines of Credit Regain Popularity  Arkansas Business Online

As home equity lines of credit revive with the rise of house values, local lenders like Arkansas Federal Credit Union expect more.

Arkansas Business Online
Institutional Investors Are Dumping American Home Mortgage Investment Corp (NYSE:AHH)  MoneyMakingArticles

American Home Mortgage Investment Corp (NYSE:AHH) institutional sentiment decreased to 1.59 in 2018 Q3. Its down -0.44, from 2.03 in 2018Q2. The ratio ...

As partial government shutdown continues, your BBB is open  Odessa American

While the partial government shutdown is now in its fourth full week, you've noticed that many government websites are indicating they are not actively updating ...

Odessa American
LenderCity Chooses FinKube ELSA AI-Powered Virtual Assistant Fintech Solution  Massachusetts Newswire

DALLAS, Texas, Jan 18, 2019 (SEND2PRESS NEWSWIRE) — FinKube, a company that provides AI-powered Platform-as-a-*Service* solutions for a range of ...

Massachusetts Newswire
The week ahead in business  Charleston Post Courier

U.S. stock and bond markets are closed for Martin Luther King Jr. Day. TUESDAY. The National Association of Realtors releases existing home sales for ...

Charleston Post Courier
easyJet PLC (LON:EZJ) Got Lower Barclays Capital Rating And GBX 1200.00 Target; American Home Mortgage Investment (AHH) Has 1.59 Sentiment  The FinReviewer

Barclays Capital gave easyJet PLC (LON:EZJ) shares a new Underweight rating in an analyst note made public on 17 January. The firm's target on the stock is ...

The FinReviewer
How to Protect Your Credit Score During the Government Shutdown  U.S. News & World Report

You can survive the government shutdown and limit the damage to your credit score.

U.S. News & World Report
Trump's unhappy anniversary  CNN

Year Two of Donald Trump's presidency ended Sunday as 800000 federal workers remained out of work, Trump's tit for tat conflict with Nancy Pelosi over the ...

Luke Bryan Announces 2019 Sunset Repeat Tour With Cole Swindell, Jon Langston  Taste of Country

Luke Bryan has announced his 2019 tour plans: The Sunset Repeat Tour will have him playing across the nation, and will also feature Cole Swindell and Jon ...

Taste of Country
Moving On — The Who announces 2019 North American tour  Rock 107

On Monday morning, The Who's Roger Daltrey and Pete Townshend confirmed details of the band's recently reported 2019 tour, which is dubbed Moving On!

Rock 107
Defect Risk in California Wildfire Areas Contributes to Rising National Risk, According to First American's Loan Application Defect Index  Business Wire

First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate.

Business Wire
The Who Announce Tour, First New Album in Over a Decade  Pitchfork

The Who have announced a North American tour, kicking off this spring. The upcoming “MOVING ON!” tour will find Roger Daltrey and Pete Townshend ...

Where Americans Are Moving  Big News Network

More American homebuyers headed south in 2018 than to anywhere else in the United States Among the southern states Florida emerged as the No 1 destina.

Big News Network
Cannibal Corpse tap Hate Eternal’s Erik Rutan to fill in for troubled guitarist Pat O’Brien  Consequence of Sound

Last month, Cannibal Corpse guitarist Pat O'Brien was arrested for burglary and assault following a bizarre night in which he entered a nearby home in his ...

Consequence of Sound
Indianapolis concerts: 68 buzzworthy shows for 2019  Indianapolis Star

The 2019 roster of highly anticipated Indianapolis concerts includes Ariana Grande, Travis Scott, Cher and Elton John.

Indianapolis Star
New American Funding acquires Marketplace Home Mortgage  HousingWire

New American Funding, already one of the biggest lenders in the nation, is set to expand even more, as the company announced Tuesday that it acquired ...

AAG Reveals Surprising Jumbo Borrower Data  Reverse Mortgage Daily

The number one reason that a senior would choose to partake in a proprietary jumbo reverse mortgage is to fund repairs or modifications on their home, ...

Reverse Mortgage Daily
Santana will celebrate two milestones on the Supernatural Now tour  Louder

Carlos Santana will hit the road this summer to celebrate the 20th anniversary of his Supernatural album - and to mark 50 years since his Woodstock ...

The First of Long Island (FLIC) EPS Estimated At $0.46; Grs Advisors Decreased American Homes 4 Rent (AMH) Position By $300,405  The FinExaminer

Analysts expect The First of Long Island Corporation (NASDAQ:FLIC) to report $0.46 EPS on January, 29.They anticipate $0.11 EPS change or 31.43% from last ...

The FinExaminer
Student Loans Keeping You From Buying A Home? Think Again  Forbes

College graduate pulling a heavy safe symbolizing student loan and debt. Photo credit: GettyGetty. Student loan debt has long been cited as one of the ...

Pan American Silver (PAAS) Shares Declined While Engineers Gate Manager LP Has Upped Stake by $1.56 Million; Wells Fargo Co New (WFC) Stock Declined While Theleme Partners Llp Increased Its Position  The FinExaminer

Engineers Gate Manager Lp increased its stake in Pan American Silver Corp (PAAS) by 135.67% based on its latest 2018Q3 regulatory filing with the SEC.

The FinExaminer
New American Funding Announces Strategic Acquisition of Marketplace Home Mortgage  PRNewswire

TUSTIN, Calif., Dec. 19, 2018 /PRNewswire/ -- New American Funding today announced its strategic acquisition of Edina, Minnesota-based Marketplace Home.

3 San Antonio energy companies among area’s 10 biggest bankruptcies of 2018  San Antonio Express-News

Overall, bankruptcy filings rose by 3.4 percent in the San Antonio area last year — bucking the national trend.

San Antonio Express-News
New American Funding buys Marketplace Home Mortgage  Mortgage Professional America

New American Funding has acquired Edina, Minn.-based Marketplace Home Mortgage. Marketplace Home does business in 14 other states and provides ...

Mortgage Professional America
Lennar subsidiary Eagle Home Mortgage fined $13.2 million for FHA lending violations  HousingWire

Despite recent statements from the Department of Housing and Urban Development and the Federal Housing Administration suggesting a lighter tone when it ...

First American: Home prices point to trouble ahead  HousingWire

Home prices have climbed 15.3% year over year, signaling affordability concerns lie ahead, according to First American's Real House Price Index. Notably, the ...

Alexandria Ocasio-Cortez's 70% Tax Proposal Is a Great Start—But We Need to Abolish the Ultra-Rich  In These Times

To combat inequality and oligarchy, we need to tax the accumulated wealth of the billionaire class, not just income.

In These Times
What Was the Subprime Mortgage Crisis and How Did it Happen?  TheStreet.com

It may feel like longer to some, but it was just a decade ago that a catastrophic housing crisis destroyed the lives of many Americans, with effects that still exist ...

Citizens Bank to buy Franklin American Mortgage as others flee home loans  National Mortgage News

Citizens Bank's $511 million acquisition of Franklin American Mortgage will beef up the bank's servicing portfolio and diversify its origination business at a time ...

National Mortgage News
Why do we have a 30-year mortgage, anyway?  Marketplace APM

The average interest on a 30-year, fixed-rate mortgage rose just a hair this week, to 4.86 percent. That's almost a full percentage point higher than this time last ...

Marketplace APM
A credit score of 704 adds up to good news for home buyers  Washington Post

The average FICO credit score has improved for millions of Americans from the early years of the recession a decade ago.

Washington Post
Why High Home Prices And Rising Mortgage Rates Aren't Stopping Sales  Forbes Now

With mortgage rates high, home prices rising and affordability seemingly on the downslope, what's keeping today's home buyers in the game? Here's what ...

Forbes Now
Angelo Mozilo and his doomed mortgage machine  CNNMoney

Angelo Mozilo got rich selling the American Dream. Then he became the face of America's mortgage nightmare. Mozilo, the perpetually tanned son of a butcher ...

Who is the American home buyer? Probably not what you're expecting | Mortgage Rates, Mortgage News and Strategy  The Mortgage Reports

The times, they are a-changing – at least when it comes to who's buying homes. According to new data, the face of the American home buyer is evolving, ...

The Mortgage Reports
Reverse mortgage lender American Advisors Group expands to VA loans  HousingWire

Top reverse mortgage lender American Advisors Group has expanded its product offerings to include VA loans. The move is part of the lender's effort to rebrand ...

American Indian Tribe Becomes a Player in the No-Money Mortgage Business  Bloomberg

Richard Ferguson considers himself the friend of struggling homebuyers everywhere. The Utah mortgage man will make families' down payments for them.

Top of the List: Largest home mortgage lenders in Central Ohio  Columbus Business First

The 25 top home mortgage lenders in this year's list closed 15333 first mortgage loans on Central Ohio properties in 2017.

Columbus Business First
The New Mortgage Kings: They’re Not Banks  The Wall Street Journal

Specialized, less regulated lenders have bounced back from the crisis and now dominate the market; under-the-radar Freedom originates more home loans ...

The Wall Street Journal
American homes are more affordable than they've been in 40 years — but that could change sooner than you think  Markets Insider

Mortgage rates are much lower than they were in the 1980s. Buying a home now is more affordable for millennials than it was for their parents.

Markets Insider
Mortgage rates soar to seven-year highs  The Washington Post

Mortgage rates are at their highest levels since April 2011. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average ...

The Washington Post
Mortgage Rates Are Pushing U.S. Homes Out of Reach  Bloomberg

This is how housing markets turn. Slowly. Six years of home-price gains outpacing wage growth; bidding wars replaced by sales at the asking price; days or ...

Small-Time Bankers Make Millions Peddling Mortgages to the Poor  Bloomberg

A branch manager gets home loans for borrowers with weak credit or low incomes—and taxpayers back him up.

12 Low Down Payment Mortgages, Including Some With Low Or No Mortgage Insurance  Forbes Now

Low down payment mortgages don't have to come with high interest rates and some of them don't even require mortgage insurance. I've rounded up 12 of them ...

Forbes Now
American Financing Corp. ordered to pay up for firing mortgage fraud whistleblower  HousingWire

Colorado-based American Financing Corp. was ordered to pay up after four of the mortgage company's former employees claimed that the company fired them ...

Higher mortgage rates and unsettled stock market scare off potential homebuyers  USA TODAY

The number of mortgage applications fell 3.2 percent last week from the previous week as mortgage rates hit an eight-year high.

Mortgage market is ripe for fraud (again)  American Banker

Growing home prices plus rising interest rates are putting a damper on mortgage lending, which pushes the market to seek out less qualified borrowers and ...

American Banker
3 Best Places Where It's Cheaper To Own A Home Than Rent  Forbes

If you're currently renting because you don't think you can afford a home in your city, you might be surprised — in many major U.S. cities, it's actually cheaper to ...

How Much is a Down Payment on a House? Do You Need 20 Percent?  TheStreet.com

A down payment on a house is a key first step in buying and owning your own home. If you're new to the housing market, you might be completely lost and not ...

Are you a minority borrower? You might want to think twice about using an online lender.  The Washington Post

It's not just bank loan officers with racial biases who discriminate against black and Latino borrowers. Computer algorithms do, too. That is the groundbreaking ...

The Washington Post
Black Home Buyers Denied Mortgages More Than Twice As Often As Whites, Report Finds  Forbes Now

Black and Hispanic homebuyers are significantly more likely to get turned down for a conventional mortgage loan, according to new data. A recent analysis from ...

Forbes Now
What salary do you need to afford an American home?  WUSA9.com

How much do you reasonably need to be earning to afford a median-priced home in the U.S.?

COLUMN: Four questions on the B.C. economy in 2019  Chilliwack Progress

Jock Finlayson is executive vice president and chief policy officer of the Business Council of BC.

Chilliwack Progress
What the Fed’s rate hike will mean for America’s wavering housing market  MarketWatch

As 2018 winds to a close, the housing market has shown signs of a slowdown, and now the Federal Reserve has raised interest rates. So what does that mean ...

Universal American Mortgage to pay $13.2m in False Claims Act settlement  Mortgage Professional America

Universal American Mortgage has entered a settlement under which it will pay $13.2 million to resolve allegations that it violated the False Claims Act by falsely ...

Mortgage Professional America
47 Low Down Payment Mortgages By State; Including 30 States With An Option For No Mortgage Insurance  Forbes

A list of lenders by state that provide low down payment mortgage options without charging the high fees that come with conventional or FHA loans.

Arapahoe County jury awards former mortgage company employee $37,000 in whistleblower lawsuit  The Denver Post

A Denver jury has awarded $37000 to one of four employees who sued Aurora-based American Financial Corp. after they were fired for blowing the whistle on ...

The Denver Post
Citizens Financial closes $511M acquisition of mortgage company  Philadelphia Business Journal

Citizens Financial Group, the parent company to Citizens Bank, has closed its previously announced $511 million acquisition of Tennessee mortgage lender ...

Philadelphia Business Journal
'I lost my home because of a computer glitch': Wells' victims seek answers  American Banker

Jose Aguilar was shocked, but also angry, when he received a letter of apology earlier this fall from Wells Fargo. Aguilar and his family lost their home in ...

American Banker
Mortgage rates surge to a near 8-year high as house-hunters race the clock  MarketWatch

Rates for home loans roared higher, taking the benchmark mortgage product to a new high and setting up a *fresh* test for an already strained housing market.

Some Blacks See Big Gains in House Price Appreciation  CityLab

In some cities black homebuyers did better than whites, Latinos, and Asians in recent years. The problem is that there aren't enough of them.

America’s Mortgage Market Is Still Broken  Bloomberg

Regulators have done a lot to reform the financial system since the 2008 crisis, but they still haven't fixed the market where the trouble started: U.S. mortgages.

The financial crisis of 2008: How housing contributed  Curbed

A housing surplus contributed to the development of loose lending prior to the crisis. Today, tight credit may be contributing to a housing shortage.

What bank results tell us about the health of Uncle Sam  Sky News

We're only a fortnight into the New Year and already some of the biggest names in American business have begun updating investors on their results for the ...

Sky News
Here's how to get a mortgage when you're self employed  Chase News & Stories

Many self-employed workers may face challenges getting approved for mortgages, but planning ahead to demonstrate accurate proof of your income can make ...

Chase News & Stories
Kevin O'Leary: This is the age when you should have your mortgage paid off  CNBC

Americans hold $8.88 trillion of mortgage debt, according to a February report from the Federal Reserve Bank of New York. It's the largest type of household debt ...

Black Homeowners See Home Values Rise Higher Than Other Groups After Subprime Mortgage Crisis  ValuePenguin

But there's a downside: black homeownership is at the lowest it's been in 50 years.

Could the 30-year mortgage disappear?  Marketplace APM

The letters FHFA may not mean much to you, but the Federal Housing Finance Agency has a lot of power over the way houses are paid for in this country.

Marketplace APM
Rates Are Rising -- And So Are Adjustable Rate Mortgages  Forbes Now

It's no secret that mortgage rates have been rising. Over the past 15 months, the interest rates on 30-year fixed-rate mortgages have jumped nearly a full percent, ...

Forbes Now
Can a Non-U.S. Citizen Get a Mortgage in the U.S.? It Depends on Your Immigration Status  Realtor.com News

Can a non-U.S. citizen get a mortgage in the U.S.? The short answer is yes. "You do not have to be a citizen of the United States to purchase real estate here," ...

Realtor.com News
Best Mortgage Lenders for Home Improvement Loans of 2019  NerdWallet

Looking to pay for home improvements? NerdWallet picked the best lenders in five categories to help you have a first-rate experience and get the best rates.

Is a Portfolio Mortgage Right for You?  U.S News & World Report Money

A portfolio mortgage is an option for some borrowers who don't meet qualified mortgage requirements.

U.S News & World Report Money
How One Firm Built and Sold Homes in Mortgage-less West Africa  Knowledge@Wharton

American Homebuilders of West Africa builds homes for locals while giving foreign investors a robust return.

Citizens Financial Buys Franklin American Mortgage -  CFO Magazine

As the pace of mortgage lending slows, Citizens acquires a servicing portfolio that produces fee income.

CFO Magazine
Wells Fargo to pay $2.09B to settle U.S. mortgage probe  American Banker

Ten years after faulty mortgages upended the global financial system, Wells Fargo agreed to pay $2.09 billion to settle a U.S. probe into its creation and sale of ...

American Banker
First American economist: Millennial mortgage market is far from dead  HousingWire

Although homeownership rates remain close to half-century lows, a large percentage of Millennials are still determined to actualize the American dream, ...

TSA officers at Sky Harbor Airport worry over 'unending' government shutdown  AZCentral

Shutdown threatens the financial security of TSA agents across the country, including at Phoenix Sky Harbor Airport.

5 types of mortgage loans for homebuyers  Bankrate.com

For homebuyers, there are three basic types of mortgage loan options: fixed-rate, adjustable-rate and interest-only jumbo. Here's what to know about each loan ...

Consider default rates when assessing claims of disparate impact  American Banker

A new analysis of mortgage data demonstrates how default rates, not just approval and decline rates, can be used to evaluate findings of unfair treatment in ...

American Banker
Americans have more home equity than ever. Here’s how to use it with a HELOC  Bankrate.com

Rising home prices across the U.S. have boosted homeowners' equity to record-setting levels. That means you can convert your home's increased value into ...

Mortgage lender to cover related VA loan origination fees  National Mortgage News

American Financial Resources, a Parsippany, N.J.-based mortgage lender, will pay any required agent fees for U.S. Department of Veterans Affairs loans for its ...

National Mortgage News
Best New York City Mortgage Lenders of 2019  NerdWallet

Looking for a New York City mortgage lender? We've researched the city's top lenders, selecting the best in five categories so you can have a first-rate ...

For people of color, banks are shutting the door to homeownership  MPR News

Fifty years after the federal Fair Housing Act banned racial discrimination in lending, African Americans and Latinos continue to be routinely denied conventional ...

MPR News
How mortgage lending is playing out by race in Kent County  MLive.com

GRAND RAPIDS, MI -- More than a decade after the housing crisis, mortgage lending is on the rise in Kent County, but African-American and Hispanic residents ...

Americans’ fascination with ‘mortgage rates:’ a tour through financial market history  MarketWatch

A graphical representation of when consumers are searching Google for the term “mortgage rates” says a lot about the economic and financial history of the past ...

American Equity Mortgage shuts down as creditors come forward  STLtoday.com

'It appears American Equity Mortgage didn't make the investments needed to adapt to that changing environment.'


American Home Mortgage Videos

American Home Mortgage - Homegate
American Home Mortgage - Homegate
Wolkoff v. American Home Mortgage Servicing (No Evidence of Foreclosure)
Wolkoff v. American Home Mortgage Servicing (No Evidence of Foreclosure)
American Home Mortgage Commercial
American Home Mortgage Commercial
AHMSI - American Home Mortgage Servicing, Inc. and Taxpayer money at work.
AHMSI - American Home Mortgage Servicing, Inc. and Taxpayer money at work.
Mortgage Fraud Exposed - WHO OWNS YOUR HOUSE?
Mortgage Fraud Exposed - WHO OWNS YOUR HOUSE?
Introduction to Mortgage Loans | Housing | Finance & Capital Markets | Khan Academy
Introduction to Mortgage Loans | Housing | Finance & Capital Markets | Khan Academy
Mortgage Debt! Credit Card Debt! and The End Of The American Dream!
Mortgage Debt! Credit Card Debt! and The End Of The American Dream!
American Home Mortgage
American Home Mortgage
Beginners' guide to mortgages - MoneyWeek investment tutorials
Beginners' guide to mortgages - MoneyWeek investment tutorials
Home Equity Line of Credit - Dave Ramsey Rant
Home Equity Line of Credit - Dave Ramsey Rant

American Home Mortgage Images

Fresh and Hot Real Estate Topic: American Home Mortgage ...
Fresh and Hot Real Estate Topic: American Home Mortgage ...
American Home Mortgage | Metro Ad Men
American Home Mortgage | Metro Ad Men
American Home Mortgage
American Home Mortgage
History of All Logos: All Bank of America
History of All Logos: All Bank of America
American Home Mortgage interview questions and answers
American Home Mortgage interview questions and answers
Home Mortgage Loans | Wallick & Volk Mortgage Bankers
Home Mortgage Loans | Wallick & Volk Mortgage Bankers
American First Home Loans, Downey California (CA ...
American First Home Loans, Downey California (CA ...
New Home Sales Pace Hits 10 Year High - Mid America ...
New Home Sales Pace Hits 10 Year High - Mid America ...
American 1st Home Loans | American First Home Loans
American 1st Home Loans | American First Home Loans
American Home Mortgage companies - News Videos Images ...
American Home Mortgage companies - News Videos Images ...

American Home Mortgage WebSites


American Home Mortgage Wiki

American Home Mortgage Investment Corporation (OTC Pink: AHMIQ) was the 10th largest retail mortgage lender in the United States and was structured as a real estate investment trust (REIT).It has filed for bankruptcy. The company stated that it was focused on earning net interest income from self-originated loans and mortgage-backed securities, and through its taxable subsidiaries, from originating and servicing mortgage loans for institutional investors.Mortgages were originated through the company's employees as well as through mortgage brokers and purchased from correspondent lenders and were serviced at the company's servicing center in Irving, Texas.The company filed for Chapter 11 bankruptcy protection in Wilmington Delaware federal court, on August 6, 2007. The week before the filing, the company said that many of its lenders had demanded their money back, and that AHM was also unable to deliver on about US$800 million in commitments for housing loans, and had laid off nearly ninety percent of its 7,000 employees.