"American Home Mortgage Holdings Inc. has "started to get bombarded" with demands from its lenders that it hand over home loans it's servicing, an attorney for the company said Monday. ...On Thursday and Friday, Melville, N.Y.-based American Home clashed in court for hours with CSFB, which was trying to get permission to immediately seize $46 million worth of home loans. American Home goes up against Morgan Stanley Tuesday in a battle for control of $519 million worth of home loans owned by Morgan Stanley, but serviced by American Home."

Comments: Be the first to add a comment

add a comment | go to forum thread