Ross Is Looking to Expand to Correspondent Channel

Stirrings of life in the secondary market: ``American Home Mortgage Servicing Inc., the Coppell, Texas-based firm bought by Wilbur L. Ross Jr. in 2008, soon will be starting a correspondent mortgage origination operation, industry sources said... Furthermore, AHMSI is not the only player looking to move into this space as a number of Wall Street firms are also looking to start correspondent production channels, one source indicated.''