Accredited Declares Q2 Dividend on Preferred Shares

SAN DIEGO--(BUSINESS WIRE)--Accredited Home Lenders Holding Co. (NASDAQ:LEND) announced that the Pricing Committee of the Board of Trustees of its subsidiary, Accredited Mortgage Loan REIT Trust (NYSE: AHH.PrA), today declared a quarterly cash dividend on Accredited Mortgage Loan REIT Trust’s 9.75% Series A Perpetual Cumulative Preferred Shares at the rate of $0.609375 per share. The dividend will be paid on July 2, 2007 to preferred shareholders of record at the close of business on June 15, 2007.

About Accredited

Accredited Home Lenders Holding Co. is a mortgage company operating throughout the U.S. and in Canada. Accredited originates, finances, securitizes, services, and sells non-prime mortgage loans secured by residential real estate. Founded in 1990, the company is headquartered in San Diego. 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

Statements regarding the payment of the dividend on Accredited Mortgage Loan REIT Trust’s 9.75% Series A Perpetual Cumulative Preferred Shares constitute forward-looking statements within the meaning of the federal securities laws. 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 the liquidity and capital needs of Accredited Mortgage Loan REIT Trust; and other risk factors outlined in Accredited Mortgage Loan REIT Trust's annual report on Form 10-K for fiscal year 2005 and its reports on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) for the first, second and third quarters of 2006, as well as Accredited Home Lenders Holding Co.'s annual report on Form 10-K for fiscal year 2005 and its reports on Form 10-Q filed with the SEC for the first, second and third quarters of 2006, and other documents filed with the SEC.