American Home Mortgage
American Home Mortgage Headquarters:
AHM Funded Mortgages
- Home Equity Loans
- Refinance Mortgages
- Debt Consolidation Loans
- Home Equity Lines of Credit
- Bad Credit Mortgage Loans
American Home Mortgage
American Home Mortgage Investment Corp. (American Home Mortgage) (NYSE: AHM) operates as a mortgage real estate investment trust, known as a REIT in the industry. Their focus is on earning net interest income from self-originated loans and also mortgage-backed securities as well as through its taxable subsidiaries, from originating as well as servicing mortgage loans for institutional investors. The loan servicing division includes investments in mortgage servicing rights in addition to servicing operations. American Home Mortgage securitizes all the adjustable-rate mortgages and holds the securities. Additionally, it sells its fixed-rate loans to Freddie Mac or Fannie Mae.
Request a free Online Mortgage Quote >>
It should be noted that American Home Mortgage originates loans through subsidiary American Home Mortgage Corp. American Home Mortgage Corp. conducts business under approximately 35 different aliases. The company began as American Home Mortgage Holdings, Inc. and the company was engaged in the origination and servicing of mortgages only. Due to the acquisition of Apex Mortgage Capital in December, 2003, the company decided to reorganize as a real estate investment trust (REIT) and changed its name to American Home Mortgage Investment Corp., which is the new parent company of American Home Mortgage. The choice to be treated as a REIT along with the merger, allows the company to diversify its sources of earnings and therefore allows the distribution of dividends in a much more tax-effective manner to shareholders. Earnings are diversified between holdings of mortgage-backed securities, net interest income, mortgage servicing and originations.
Request a free Online Mortgage Quote >>
Recent American Home Mortgage Investment News
- American Home Mortgage Investment Corp. has announced that they had entered into a definitive agreement to acquire Waterfield Financial Corporation. Waterfield Financial Corp. is a subsidiary of Union Federal Bank of Indianapolis, which includes over 45 wholesale, retail, and correspondent mortgage loan production branches in 16 states. Of course, this will certainly increase the company size significantly. It will also expand the operative path.
Request a free Online Mortgage Quote >>
California Mortgage Loans is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.
