In August 2006 , AFM held an auction at its corporate headquarters to sell its assets .
As with many subprime mortgage lenders , AFM experienced financial difficulties in 2006 due to repurchase demands from investors and diminished funding capacity because of an increase in non-performing loans .
In August 2006 , AFM held an auction at AFM 's corporate headquarters to sell its assets .
As with many subprime mortgage lenders , AFM experienced financial difficulties in 2006 due to repurchase demands from investors and diminished funding capacity because of an increase in non-performing loans .