New here and am unqualified to to express an opinion one way or the other, but why does The Financial Times consider AHM a Sub-prime lender. A snippet fron their latest article.
Financial services groups also suffered, with shares in JP Morgan down by 1 per cent to $50.71, Lehman Brothers (NYSE:LEH) down 1.7 per cent to $84.14 and Wells Fargo 1 per cent lower at $35.55. Sub-prime lenders American Home Mortgage Investment (NYSE:AHM)s and Accredited Home Lenders (NASDAQ:LEND) fell by 6.9 per cent and 7.6 per cent respectively to $33.5 and $26.81.