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Real Estate & Property Law

: Housing Wire

American Home Acquires Citi Res Servicing Rights

By PAUL JACKSON

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American Home Mortgage Servicing Inc., owned by billionaire investor Wilbur Ross, has picked up a sizeable servicing portfolio from Citigroup, Inc. (C: 3.5382 +1.38%); the acquisition will make the Irving, Tex.-based servicing platform the largest third-party servicer in the nation. Ross broke the news of the acquisition on CNBC’s Squawkbox program early Thursday morning, although [...]

Full post as published by Housing Wire on February 05, 2009 (boomark / email).

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