Monday, August 6, 2007

News Sources: Market Crunch Claims American Home Mortgage

American Home Mortgage Investment Corp. has filed for Chapter 11 bankruptcy protection after a tumultuous week in the debt markets brought a once-thriving business to its knees. The move shows how worries about loan defaults fueled by slumping housing prices have spread beyond subprime lenders to companies widely considered to make higher-quality loans. Reporters looking for sources to interview on this situation can find them online at the collegenews.org database for news sources and subject matter experts from America's leading liberal arts colleges, including the following (click on names for contact information):

Karl "Chip" Case - Professor of Economics, Wellesley College - Case is a nationally recognized expert on real estate markets and prices. He has authored several studies that attempt to isolate the causes and consequences of boom and bust cycles and their relationship to regional economic performance.

Charles R. Geisst - Professor of Economics and Finance, Manhattan College - Geisst has 10 years investment banking experience and is the author of 10 books, including Wall Street: A History. His trade articles and interviews have appeared in the International Herald, Wall Street Journal, and Investors Chronicle.

Paul Cleveland - Associate Professor of Economics, Birmingham-Southern College - Cleveland can comment on free enterprise, morality and the free market, the role of government in society, and financial economics.

Labels: , , ,