Dutch bank ABN Amro Holding NV is entertaining offers for its U.S. mortgage division, industry sources have told MortgageWire.A spokesman for ABN Amro Mortgage, Ann Arbor, Mich. -- the nation's eighth-largest servicer, with $220 billion in receivables -- declined to discuss the matter, citing a company policy not to comment on "rumors and speculation." One investment banker told MW that, "I don't know how formal the process is, but it's definitely out there." (For full details, see the Nov. 6 issue of National Mortgage News.)
ABN Amro Selling Mortgage Unit
November 03, 2006, 3:00 p.m. EST 1 Min Read
