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Real Estate & Property Law

: Housing Wire

SEC Charges Two at American Home with Fraud

By JACOB GAFFNEY

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The Securities and Exchange Commission (SEC) today charged two former executives at American Home Mortgage Investment Corporation with accounting fraud. The charges against the heads of the now-bankrupt former Alt-A lender out of New York stem from their alleged engagement in a pattern of false and misleading claims that concealed financial losses from investors. The SEC alleges [...]

Full post as published by Housing Wire on April 28, 2009 (boomark / email).

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