American Home Mortgage files Chapter 11
news.yahoo.com

The Melville, N.Y.-based company's request for Chapter 11 bankruptcy protection — filed in bankruptcy court in Wilmington, Del. — caps a
tumultuous 10 days for what had been the nation's 10th-biggest home lender.
...
And, unlike New Century and most other bankrupt lenders, American Home Mortgage was not a "subprime" lender.
(visit the link for the full
news article)
[edit on 6-8-2007 by UM_Gazz]