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American Home to pay fraction of bankruptcy claims (Washing

 
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PostPosted: Wed Aug 20, 2008 11:50 pm    Post subject: American Home to pay fraction of bankruptcy claims (Washing Reply with quote
NEW YORK (Reuters) - American Home Mortgage Investment Corp (AHMIQ.PK), which was among the largest U.S. home loan providers before seeking bankruptcy protection a year ago, said it will pay unsecured creditors no more than 5.9 cents on the dollar as it liquidates assets.

[url=http://us.rd.yahoo.com/dailynews/rss/search/company+home+loan+mortgage/SIG=12oaracnj/*http%3A//www.washingtonpost.com/wp-dyn/content/article/2008/08/20/AR2008082000160.html]Read more...[/url]
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