Content Preview
Newsday/Optimum Online® subscribers click here for full access
Not a Newsday or Optimum Online® subscriber? Click here
Would-be American Home Mortgage borrowers scramble for new loans
On Monday afternoon, Coach Realtors agent Herta Kapp arrived at the Melville office of American Home Mortgage to close a deal on her client's Garden City house but was soon told a "computer glitch" was preventing loan checks from being issued.
Three hours later, with no money wired into the seller's account, everyone left, knowing the company was in financial trouble. Worse yet, the buyer...
newsday.com is now available at no charge to Newsday and Optimum Online® subscribers. To continue reading, please log in or register now.
-
Already
registered on
newsday.com?
log in -
Already a subscriber
to Newsday or
Optimum Online®?
get access -
Not a Newsday
or Optimum Online®
subscriber?
click here
