American Home Owes Creditors $100M+

When American Home Mortgage Investment Corp. filed for bankruptcy protection Monday (see item below), it listed debts of more than $100 million and a long list of unsecured creditors, including many of the nation's top investment banking firms.According to a court petition, the now-defunct lender owes money to Bank of America, Bear Stearns, Citigroup, Countrywide Capital, Deutsche Bank, J.P. Morgan Chase, and Nomura Securities, to name a few. The petition, however, does not specify dollar amounts, listing the amount of the claim as "unliquidated." However, earlier public filings by the Melville, N.Y.-based company show that its biggest warehouse lenders include: Bear Stearns ($2 billion in credit lines), UBS Securities ($2 billion), Calyon Credit ($1.5 billion), and Bank of America ($1.3 billion).

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