American Home Mortgage Investment Corporation

A bankruptcy judge has cleared the way for American Home Mortgage Investment Corp. to refund up to $650,000 in application fees and other mortgage costs it collected from more than 1,000 customers who never got their loans because of the company's...

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-...

American Home Mortgage's banking license was suspended Thursday by the New York State Banking Department, a move that likely prompted the besieged company to begin closing its Melville offices Thursday and laying off at least 1,300 workers here. "We...

American Home Mortgage's new chapter starts Tuesday in bankruptcy court in Wilmington, Del. Starting a process that lawyers and other experts consider complicated and likely to be lengthy, an opening bankruptcy hearing is scheduled for 3 p.m. Tuesday....

After weeks of speculation and a spectacular collapse, American Home Mortgage Investment Corp. is officially bankrupt, a victim of tightening credit markets and the decreasing value of its loan portfolio. The company filed papers for Chapter 11...

Delta Financial Corp. of Woodbury, which originates and sells subprime mortgage loans, abruptly postponed its second-quarter earnings report yesterday, stunning investors who had already been expecting disappointing results. The news sent shares...

The layoffs at American Home Mortgage Investment Corp. in Melville were so large and so sudden that the New York State Department of Labor on Friday issued a news release to alert the 1,400 workers to state resources available to help the jobless....

No one survives the ever-cyclical mortgage business without moving quickly in the face of market changes. That's why when two Americana Mortgage Group loan officers told company president Bob Moulton that colleagues had offered their condolences Aug. 1...

The bankruptcy proceedings for Melville-based American Home Mortgage have been complicated by lenders "bombarding" the company with demands that it hand over loans it's servicing, an attorney for the company said Monday. Addressing U.S. Bankruptcy...

Woodbury-based Delta Financial Corp. will be cutting 300 jobs, most of them in Florida, Texas and California but some on Long Island the company announced today. In a news release, Delta President and Chief Executive Officer Hugh Miller said the cuts are...

Waldner's Home Environments Inc., a Farmingdale-based office furniture company that is helping to represent the more than 1,000 creditors owed money by the bankrupt American Home Mortgage Investment Corp., last week filed a separate lawsuit to recapture...

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...