American Brokers Conduit Announces New Sales Manager

Chuck Coulter Takes Up New Challenge in Chesterbrook, Penn., Branch

MELVILLE, N.Y. – (May 23, 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 Chuck Coulter as the new sales manager of the Chesterbrook, Pennsylvania, office.

Coulter brings with him over 22 years of mortgage banking experience, including his most recent position as a regional manager for American Mortgage Network. Prior to that, Coulter served as a wholesale sales manager in GMAC Bank’s Horsham, Pennsylvania, branch where, in less than a year, he and his team increased regional sales from $30 million to $55 million monthly.

“We have confidence that Chuck will be able to use the performance selling techniques he has honed over the years to bolster AE and branch production,” commented Anthony Catanese, VP Branch Manager. “He has demonstrated his leadership talent time and again throughout his career and we look forward to his leading the branch to new levels of success.”

“I’ve spent all my life living and working in this area and I know the market here as well as anyone in the industry,” notes Coulter. “ABC has a great team in Chesterbrook and I am eager to work closely with everyone on that team to exceed our goals, month after month.”

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.

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