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Friday's the end for almost all of American Home Mortgage
After weeks of troubling news and near-silence from official spokesmen, American Home Mortgage Investment Corp. announced Thursday night that it would shutter most of its operations and lay off more than 6,250 workers, including almost all of its 1,460-person Melville staff.
"Unfortunately, the market conditions in both the secondary mortgage market as well as the national real estate market...
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