EXHIBIT 1.1 FBR ASSET INVESTMENT CORPORATION 3,000,000 Shares of Common Stock UNDERWRITING AGREEMENT July ___, 2001 STIFEL, NICOLAUS & COMPANY, INCORPORATED 501 N. Broadway, 8th Floor St. Louis, MO 63102 FRIEDMAN, BILLINGS, RAMSEY & CO., INC. 1001...FBR Asset Investment Corp/Va • July 9th, 2001 • Real estate investment trusts • Virginia
