We continue to hear talk that Michael Strauss, the former CEO of the now defunct American Home Mortgage of Melville, N.Y., is looking at starting a new mortgage company. A publicly traded REIT, American Home, at one point, was the subject of an FBI investigation. (The FBI are the foot soldiers for the U.S. Attorneys office in Brooklyn.) What became of the investigation? Probably nothing. And if that's the case why hasn't there been a statement out of the agency or the USA's office? AHM filed for bankruptcy protection in the summer of 2007 when its warehouse lines were pulled. The company was a top ranked alt-A and conventional lenderâ¦
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