AHM resumes trading. Stock price is down 87%!
American Home Mortgage is the nations 10th largest retail mortgage lender according to the company statement. This was expected to happen to someone at some point. But just the news that one of these lenders may be on the verge of bankruptcy now has waken up the bears again.
Recent Posts:
- Taxpayers to the Rescue of Afghanistan Banking Crisis?
- Economic Data and Earnings Schedule for September 2 2010
- Christina Romer Makes a Final Recommendation Before Leaving To Teach Keynesian Economics
- Homebuilder Hovnanian (HOV) Reports Dismal Quarter
- Auto Sales Data for August 2010
- Stock Market Rewind – September 1, 2010
