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| American Residential Appoints Marta McCall as Senior Vice President, Risk Management
SAN DIEGO--(BUSINESS WIRE)--Sept. 24, 2003--American Mortgage Network (AmNet), a wholesale mortgage bank serving mortgage brokers and wholly owned subsidiary of American Residential Investment Trust, Inc. (Amex(R): INV), announced today that it had appointed Marta McCall as Senior Vice President, Risk Management. She will be responsible for Quality Assurance, Compliance File Audits, Pre-Funding Quality Control, Broker Monitoring, Vendor Management and Contingent Risk Mitigation. Commenting on the appointment, John M. Robbins, Chairman and Chief Executive Officer, said, "Marta has deep mortgage banking and real estate expertise. She is recognized for her broad knowledge of mortgage loan origination, appraisal management, risk assessment, quality management and database development. Since joining AmNet in December 2001, Marta has developed, designed, managed and implemented a comprehensive Quality Assurance function, including system requirements, software applications assessment and implementation of vendor products." BizVantage – Serious business, investment and technology intelligence for a serious advantage. Before joining AmNet, Ms. McCall was Principal of McCall & Associates, a consulting firm that specialized in process improvement, lending and appraisal, operations and quality control, database development, and documentation. Her clients included Washington Mutual, Land America, One Stop, Data Quick, and National Credit Reporting Services. Ms. McCall has also worked extensively in the financial services industry. Ms. McCall is the chairperson for the Mortgage Bankers Association of America's (MBAA) National Quality Assurance Committee. She served as the MBAA Chairperson since 1997 and was the 1995/1996 Chairperson of the California Mortgage Bankers Association's (CMBA) Mortgage Quality & Compliance Committee. She is acting co-chair of the QAC IRS subcommittee. Ms. McCall is a regular speaker at CMBA and MBAA conferences. She has co-developed and taught Fraud Detection and Resolution courses as well as Quality Assurance Practices and Mortgage Lending 101 for industry-related personnel. She has also served as an instructor for the School of Mortgage Banking. About American Mortgage Network Headquartered in San Diego, California, AmNet is a wholly owned subsidiary of American Residential Investment Trust, Inc. AmNet originates loans for the national mortgage broker community through its network of branches and business-to-business over the Internet. AmNet has loan production offices in Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Minnesota, New Jersey; North Carolina, Oregon, Rhode Island, Texas, Virginia, and Washington. AmNet has a total of $1.3 billion in warehouse borrowing capacity and is approved to do business in 46 states and the District of Columbia either by license or exemption. AmNet has more than 3,300 broker customers across the nation. For more information, please visit www.amnetmortgage.com. About American Residential Investment Trust American Residential Investment Trust, Inc. is the parent company of American Mortgage Network. For more information, please visit www.amerreit.com.
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