According to a settlement agreement filed Friday in US Bankruptcy Court in Delaware, American Home Mortgage Corp. won the right to continue to service $5.2 billion in government-backed loans. Fannie Mae had made an effort to recapture ...

Are Brokers Liable for Fraud on Stated Income Loans?
Kourosh Partow, who moved from Countrywide to Melville-based American Home in June 2006, pleaded guilty April 20 to two counts of wire fraud, one at each bank, in exchange for the other counts being dropped. In the American Home case, ...