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  September 5, 2001
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Home > Company Index > Financial Services > Mortgage Banking & Related Services > American Home Mortgage Holdings, Inc.

American Home Mortgage Holdings, Inc.
Nasdaq: AHMH
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 PROFILE
American Home Mortgage Holdings (AHMH) originates and sells mortgage loans through its MortgageSelect.com Web site; it also operates about 50 field offices in several states. The company focuses on the home buyers market rather than home owners seeking to refinance their loans; nearly three quarters of its loans are sold to home buyers. Subsidiaries Marina Mortgage and First Home Mortgage operate on the West Coast and in the Midwest, respectively. Back east, the company acquired Pennsylvania-based Commonwealth Bank's ComNet Mortgage Holdings subsidiary. Chairman, president, and CEO Michael Strauss owns more than one-half of AHMH.

 COMPETITION
Countrywide Credit Industries, Inc. (CCR)
Prism Financial Corporation (dossier)

 DEALS
Deal: American Home Mortgage Acquires First Home Mortgage
Date Announced: 01.18.00
Value of transaction (US $Mil): 7.1
Description: Online mortgage bank acquires Chicago-based offline mortgage lender for $7.1 million in cash and stock.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 58.30
1-Yr. Sales Growth: 134.1%
Employees: 1,006
Revenue per employee: $57,952.29

 KEY PEOPLE
• Michael Strauss
    CEO
• Robert E. Burke
    CFO

 CONTACT INFO
520 Broadhollow Rd.
Melville, NY 11747
US
Phone: 516-949-3900
Fax: 516-908-3628

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