American Home Sells 'Alt-A' Mortgages For $19M
Judge Christopher S. Sontchi of U.S. Bankruptcy Court for the District of Delaware approved the deal, which is worth a total of approximately $19.3 million, according to AHM's counsel.
AHM named Burbank, Calif.-based Vantium Capital its stalking horse bidder for the mortgages on Aug. 12, according to court filings. Judge Sontchi approved the auction process on Aug. 5, according to the docket....
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