Tony D. Howell's (tonydhowell) Blog

So I posted a blog yesterday about American Home Mortgage and the dire situation that they are in.  Rumor has it that Accredited is in financial trouble as well.  I know for a fact that my account rep resigned the other day.  Does she know something we don't?  I received the following email last ...

I was just noticing that when I logged on earlier today, there were 41,008 current members.  At the time of this posting there are 41,111.  That means over 100 new members signed up TODAY!  Its amazing how fast this site is growing all the time.  I think at this point, we will start to see more o...

Of course everyone has heard of the mortgage fiasco as of late, but it has spread out of the sub-prime market and into the Alt-A area.  American Home Mortgage is NOT a sub-prime lender.  Its shares have fallen over 90% and it looks as if it will closing its doors in the very near future.  They di...