RAIT Financial says American Home has not made payments

July 31 (Reuters) - RAIT Financial Trust (RAS.N) on Tuesday said American Home Mortgage Investment Corp. AHM.N has not made payments of trust preferred securities due on July 30.

In a statement, the real-estate investment trust said it has net equity exposure of about $95 million, or $1.56 per share of book value, to American Home.

Earlier in the day, American Home, a large U.S. mortgage provider, said it can no longer fund home loans and may liquidate assets, putting its survival in doubt. (Reporting by Swagata Gupta in Bangalore)