EXHIBIT 23.7 CONSENT OF PERSON TO BE NAMED AS DIRECTOR I hereby consent to the reference to me as a person who has agreed to become a director of America First Mortgage Investments, Inc. under the heading "Management of the Company" in the Consent Solicitation Statement/Prospectus constituting a part of the foregoing Registration Statement on Form S-4. /s/ Gregor Medinger ------------------------------------------------------------------------------ Gregor Medinger