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August's Casualty List - Ailing And Deceased Mortgage Servicing Firms ( In Billions).

Mortgage Servicing News

| September 01, 2007 | COPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
 
Lender Name           Servicing Vol.        Situation 
                          The at 3/31/07 
 
    American Home Mort.    $50,410   Filed for BK, swamped by margin calls 
    Impac Mortgage (NC)    $25,916   Stopped funding alt-A, still in biz but 
                                     stock hammered 
    Aegis (NC) (E)         $20,000   Closed by hedge fund parent, servicing for 
                                     sale 
    Accredited (NC)        $10,000   Losing money, sale to hedge fund in trouble 
    HomeBanc                $8,832   Filed for BK, sold some branches to 
                  ...
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