American Brokers Conduit Welcomes New Branch Manager

Tom Blalock to lead Atlanta Office and Drive Expansion in Georgia

MELVILLE, N.Y. – (May 11, 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), is pleased to announce the recent addition of Tom Blalock as Vice President, Branch Manager, reporting to Robert O’Branovich, Senior Vice President, Southeast Region.

Prior to joining ABC, Mr. Blalock served as Area Sales Manager for Homecomings Financial (a GMAC Company) where he was responsible for originating over $1 billion in volume through the wholesale broker channel. Mr. Blalock is also an accomplished sales trainer.

In his new role, Mr. Blalock is charged with overseeing the growth, expansion and profitability of ABC’s Atlanta wholesale office, which covers the state of Georgia. While his responsibilities encompass all facets of branch operations, Mr. Blalock will focus on developing the sales team to maximize individual and group potential.

“I am excited by the prospect of working closely with a team in a branch setting,” reports Blalock. “My experience in driving production combined with ABC’s competitive programs, product pricing, technological advancements and commitment to ongoing broker education and training will help ABC continue its expansion throughout Georgia.”

Southeast Regional Manager, Robert O’Branovich stated “Tom’s strong leadership and well-rounded expertise brings a heightened element of customer service to the Southeast team and the ABC brand. We are extremely pleased to have him onboard, and I know his efforts will contribute to ABC’s continued success.”

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 http://www.americanhm.com.

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