Article: American Residential and American Mortgage Network Secure $75 Million JPMorgan Chase Bank Warehouse Line.

Business Editors

DEL MAR, Calif.--(BUSINESS WIRE)--Dec. 19, 2001

American Residential Investment Trust, Inc. (NYSE: INV) and its mortgage banking subsidiary, American Mortgage Network (AmNet), announced today that it has secured a $75 million senior secured revolving warehouse line funded by JPMorgan Chase Bank. The one-year agreement contains provisions for JPMorgan Chase to increase the warehouse line through relationships with additional leading financial institutions at the Company's request. American Residential anticipates that the current warehouse facility will increase significantly in 2002. JPMorgan Chase has the option to decrease its ...

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