Allowable Mortgage

Important Notice: American Home Mortgage is unable to continue the origination or funding of mortgage loans, and no new loans are being accepted. After carefully assessing the sudden adverse impact on the Company's business with respect to its liquidity, due to the extraordinary disruptions now occurring in the secondary mortgage and real estate markets, American Home Mortgage Investment Corp. And certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the U. S. Bankruptcy Code in the U. S. Bankruptcy Court for the District of Delaware.