Mortgage REIT Announces Stock Offering

American Home Mortgage Investment Corp., a real estate investment trust based in Melville, N.Y., has announced a public offering of 2 million shares of series B cumulative redeemable preferred stock.The underwriters have been granted an option to buy up to 300,000 additional shares to cover any overallotments, the mortgage REIT said. The lead manager of the offering is Friedman, Billings, Ramsey & Co. American Home can be found on the Web at http://www.americanhm.com.

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