(Reuters) - Tightening lending standards threaten to slow or halt the heavy pace of corporate buy-outs that have fueled a rally in equities.
In the latest sign of problems in the home lending market, American Home Mortgage Investment Corp. said its banks were demanding that it put up more cash after the mortgage lender was forced to write down the value of its mortgage and security portfolios. The shares fell more than 45 percent to $5.74 in electronic composite trading.
Read more at Reuters.com Bonds News
In the latest sign of problems in the home lending market, American Home Mortgage Investment Corp. said its banks were demanding that it put up more cash after the mortgage lender was forced to write down the value of its mortgage and security portfolios. The shares fell more than 45 percent to $5.74 in electronic composite trading.
Read more at Reuters.com Bonds News
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