Founded in 1982, Delta Financial Corporation is a Woodbury, New York-based specialty consumer finance company that originates, securitizes and sells non-conforming mortgage loans. Delta's loans are primarily secured by first mortgages on one-to four-family residential properties. Delta originates loans primarily in 26 states through a network of approximately 1,500 independent brokers and the Company's retail offices. Since 1991, Delta has sold approximately $8.0 billion of its mortgages through 35 securitizations.

"We are pleased to welcome Delta Financial to the American Stock Exchange," said John McGonegal, vice president of the Amex Equities Group. "We look forward to working with Delta Financial and building long-term shareholder value and strong relationships with the investment community."

"Our Amex listing is another milestone in our Company's turnaround that is attributable to the dedication of our employees, support of our business partners and our continuing commitment to building shareholder value," said Hugh Miller, Delta CEO and President.

The specialist in DFC will be LaBranche & Co., Inc. For further information on DFC and other Amex-listed companies, please visit the Equities Section of this site.