Accredited Announces the Declaration of Dividend on Preferred Shares.SAN DIEGO -- Accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. Home Lenders Holding Co. (Nasdaq:LEND) announced today that the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of its subsidiary, Accredited Mortgage Loan REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). Trust (NYSE NYSE See: New York Stock Exchange :AHH AHH AllHipHop.com (website) AHH Aryl Hydrocarbon Hydroxylase AHH Arizona Heart Hospital AHH Ace's Happy Homepage AHH Adaptive Hard Handoff .PrA), has on September 9, 2004, declared a quarterly cash dividend on Accredited Mortgage Loan REIT Trust's 9.75% Series A Perpetual Cumulative Preferred Shares at the rate of $0.3317 per share. The dividend, pro-rated for the number of days that the shares have been issued and outstanding, will be paid on September 30, 2004 to preferred stockholders of record at the close of business on September 15, 2004. About Accredited Accredited Home Lenders Holding Co. is a nationwide mortgage-banking company that originates, finances, securitizes, sells and services non-prime mortgage loans secured by residential real estate. The company is headquartered in San Diego, CA. Additional information may be found at www.accredhome.com. About Accredited Mortgage Loan REIT Trust Accredited Mortgage Loan REIT Trust, a subsidiary of Accredited Home Lenders Holding Co., is a Maryland real estate investment trust that was formed in May 2004 for the purpose of acquiring, holding and managing real estate assets. Forward Looking Statement Certain of the information discussed herein constitutes forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include statements regarding the financing plans of Accredited Home Lenders Holding Co. and Accredited Mortgage Loan REIT Trust, their prospects and future results, planned revenue generating strategy, expected net earnings, origination volume, whole loan premiums, hedging strategy and results and future dividends. Such statements are based on current expectations, and the actual results and the timing of certain events could differ materially from those projected in or contemplated by these forward-looking statements due to a number of factors, including but not limited to financial market conditions, interest rate volatility and the level of interest rates generally; general political and economic conditions; the sustainability of loan origination volumes; the availability of financing for the origination of mortgage loans; the ability to sell or securitize Securitize The practice of a company selling accounts receivables or other debts owed to it. The third party that buys the debt assumes ownership of it and the responsibility for collecting the debts, and keeps the repayments when made. mortgage loans; and other risk factors outlined in Accredited Home Lenders Holding Co.'s filings with the Securities and Exchange Commission ("SEC"), including those listed in the prospectus supplement and accompanying prospectus for the offering of the Series A Perpetual Cumulative Preferred Shares, Accredited Home Lenders Holding Co.'s report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the SEC on March 26, 2004, its report on Form 10-Q Form 10-Q See 10-Q. filed with the SEC on August 16, 2004, and other SEC filings. |
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