American Mortgage News

Bruce Madden to Increase Production from Direct Lending Channels

MELVILLE, N.Y. – June 19, 2007 - American Brokers Conduit (ABC), the wholesale division of American Home Mortgage Investment Corp. (NYSE:AHM), a publicly held mortgage Real Estate Investment Trust (REIT), today announced the recent promotion of Bruce Madden as the Company’s Senior Vice President, Direct Lending Channels.

In his new role, Mr. Madden is responsible for supervising ABC Direct and the National Accounts groups. “Our short-term goals are to improve interaction between ABC Direct and the ABC branches and to build a more robust National Accounts group,” said Mr. Madden. “Over the long-term, we seek to leverage ABC’s outstanding technology, product and pricing to increase production from the Direct Lending channels.”

Prior to his promotion, Mr. Madden was charged with creating ABC Direct. ABC Direct partners with ABC branches to generate volume for the branch offices by utilizing direct marketing. ABC Direct is currently responsible for approximately 10 percent of ABC’s total production.

A graduate from the Wharton School, Mr. Madden has 40 years of mortgage banking experience. He was president of American Mortgage LLC, closing $3 billion in wholesale and retail production prior to its sale to American Home Mortgage in 2003. Prior to this, Mr. Madden was the founder and president of Maple Park Mortgage Company, a subsidiary of First State Bank of Maple Park.

Al Crisanty, Executive Vice President, National Production Manager, Wholesale has every confidence that Mr. Madden’s leadership and sales talent will increase production for the channels and ABC as a whole. “Bruce is a seasoned pro, demonstrating his leadership and sales skills at ABC Direct and throughout his longstanding career,” said Mr. Crisanty. “We look forward to his continued success leading ABC Direct, our branches and National Accounts to new heights.”

About American Brokers Conduit
American Brokers Conduit (ABC) is the wholesale division of American Home Mortgage Investment Corporation, a publicly held Real Estate Investment Trust (NYSE: AHM). ABC operates nationwide and has built a business model based on a broker-centric strategy that is supported by five platforms of growth; Product, Service, Technology, Marketing and Education. These interconnected platforms have been developed to help ABC’s mortgage broker partners increase origination volume and build a more responsive, efficient and profitable business. American Brokers Conduit is currently one of the top ten ranking wholesale lenders in the nation. For more information on American Brokers Conduit, please visit www.abconduit.com.

About American Home Mortgage
American Home Mortgage Investment Corp. is a mortgage REIT focused on earning net interest income from self-originated mortgage-backed securities, and through its taxable subsidiaries, from originating and servicing mortgage loans for institutional investors. Mortgages are originated through a network of loan production offices as well as through mortgage brokers and are serviced at the Company's Irving, Texas servicing center. For additional information, please visit the Company's Website at http://www.americanhm.com.