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American Home Mortgage Wins Right to Service Loans |
| Published: August 27, 2007, 9:51 pm |
| Tags: mortgage news tips |
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According to a settlement agreement filed Friday in U.S. Bankruptcy Court in Delaware, American Home Mortgage Corp. won the right to continue to service $5.2 billion in government-backed loans. Fannie Mae had made an effort to recapture the loan servicing rights after American Home Mortgage went bankrupt earlier this month, but the settlement ruled in favor [...] [ Full article ] |
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