LEND Accredited Home Lenders Holding Co.

Accredited Home Lenders Holding Co. (Accredited) is a mortgage banking company operating throughout the United States and in Canada. The Company originates, finances, securitizes, services and sells non-prime mortgage loans secured by residential real estate. Accredited focuses on borrowers who may not meet conforming underwriting guidelines because of higher loan-to-value ratios, the nature or absence of income documentation, limited credit histories, high levels of consumer debt, or past credit difficulties. The Company originates loans primarily based upon the borrower's willingness and ability to repay the loan and the adequacy of the collateral. Accredited's wholly owned subsidiary, Accredited Mortgage Loan REIT Trust acquires, holds and manages real estate assets. The Company's wholly owned Canadian subsidiary, Accredited Home Lenders Canada is a mortgage banking company that originates and finances mortgage loans.