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Scott Valentin

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American Home Lays Off Hundreds; What’s Really Going on in Alt-A? HW+

Jul 11, 2007By

From Newsday, news of quiet trouble at American Home: American Home Mortgage Investment Corp. … has laid off hundreds of workers without notice or even time to clear out their desks, current and former employees said this month. … as things turned south for many housing-related businesses, American Home has offered what one analyst called “overly rosy” earnings predictions …

3d rendering of a row of luxury townhouses along a street

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