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American Home files for bankruptcy as talks fail (Reuters)

A foreclosed house for sale is pictured in the Green Valley Ranch neighborhood in Denver, July 26, 2007. American Home Mortgage Investment Corp. filed for Chapter 11 bankruptcy protection on Monday, completing a rapid descent for a large U.S. home loan provider that lent to people considered to be good credit risks. (Rick Wilking/Reuters)Reuters - American Home Mortgage Investment Corp. filed for Chapter 11 bankruptcy protection after rising customer defaults and unfriendly credit markets brought the once-thriving lender to its knees.


Where to put $5,000 now
Full table of contents from the June 2007 issue.

Add light to your home
A wall of windows and skylights can open up a dark and gloomy living space. Here’s a list of “dos” and “don’ts” from Money Magazine for lighting up your space.

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