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American Home Mortgage and Fannie Mae reach agreement
American Home Mortgage Investment Corp., the bankrupt Melville-based lender, has struck an agreement that will allow it to continue servicing a crucial portfolio of $5.2 billion in government-backed mortgage loans.
According to a settlement agreement filed Friday in U.S. Bankruptcy Court in Delaware, American Home and Fannie Mae agreed that American Home will continue to service 36,700 loans...
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