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American Home to pay fraction of bankruptcy claims
(Reuters)
Reuters - American Home Mortgage Investment Corp , which was among the largest U.S. home loan providers before seeking bankruptcy protection a year ago, said it will pay unsecured creditors no more than 5.9 cents on the dollar as it liquidates assets. Questions and answers on hiring an appraiser (AP) AP - Questions and answers on how consumers can ensure they are getting an honest appraisal when buying or selling a home, refinancing an existing mortgage or taking out a home equity loan or line of credit: 'Liar loans' threaten to prolong mortgage crisis (AP)
AP IMPACT: Weak rules cripple appraiser oversight (AP)
Euro comes off six-month lows after weak US housing data (AFP)
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