WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15 (d) OF THE

                       SECURITIES AND EXCHANGE ACT OF 1934

         Date of Report (Date of Earliest Event Reported): May 13, 2003

                      American Mortgage Acceptance Company
               (Exact Name of Registrant as Specified in Charter)

                 (State or other Jurisdiction of Incorporation)

           0-23972                                     13-6972380
           -------                                     ----------
  (Commission File Number)                (IRS Employer Identification Number)

                     625 Madison Avenue, New York, NY 10022
                    (Address of Principal Executive Offices)

       Registrant's telephone number, including area code: (212) 421-5333

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits

(a).    Financial Statements

        Not Applicable

(b).    Pro Forma Financial Information

        Not Applicable

(c).    Exhibits

        99.1 First quarter ended March 31, 2003 Unaudited Supplemental Operating
        and Financial Data

Item 9. Regulation FD Disclosure

        For the  quarter  ended March 31,  2003,  American  Mortgage  Acceptance
Company ("AMAC") hereby makes available  unaudited  supplemental  data regarding
its  operations,  a copy of which is attached to this Current Report on Form 8-K
as Exhibit 99.1.

        The  information  included  in this  Current  Report is  intended  to be
furnished  under "Item 12.  Disclosure  of Results of  Operations  and Financial
Condition" and is included under this Item 9 in accordance  with SEC Release No.
34-47583. Accordingly, the information included in this Current Report shall not
be deemed  to be  "filed"  for the  purposes  of  Section  18 of the  Securities
Exchange Act of 1934, as amended,  or otherwise  subject to the  liabilities  of
that  Section or Sections  11 and  12(a)(2) of the  Securities  Act of 1933,  as

        This Current Report on Form 8-K and the exhibit hereto contain
forward-looking statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995 and also includes a
cautionary statement identifying important factors that could cause actual
results to differ materially from those anticipated.


Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                            American Mortgage Acceptance Company

                                            BY:    /s/  Stuart J. Boesky
                                                   Stuart J. Boesky
                                                   Chief Executive Officer
        May 13, 2003