<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL
STATEMENTS FOR AMERICAN MORTGAGE ACCEPTANCE COMPANY AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS

<CIK> 0000878774
<NAME> AMERICAN MORTGAGE ACCEPTANCE COMPANY
<MULTIPLIER> 1

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                              JAN-1-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                       7,146,420
<SECURITIES>                                40,808,059
<RECEIVABLES>                               63,856,703
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                             112,167,247
<CURRENT-LIABILITIES>                       56,639,156
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                  55,528,091
<TOTAL-LIABILITY-AND-EQUITY>               112,167,247
<SALES>                                              0
<TOTAL-REVENUES>                             4,214,882
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               657,422
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           1,812,721
<INCOME-PRETAX>                              1,114,324
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,114,324
<EPS-BASIC>                                        .29
<EPS-DILUTED>                                      .29