American Mortgage News

WOODBURY, N.Y.--(BUSINESS WIRE)--Delta Financial Corporation (Amex: DFC) announced today that the Company will keep its current ticker symbol “DFC” when it moves to the NASDAQ Global Market on Mar

NEW YORK--(BUSINESS WIRE)--HSI Asset Securitization Corporation Trust 2007-HE1, which closed on March 8, 2007, is rated by Fitch as follows:

Opteum Announces Tax Characterization of 2006 Dividends

VERO BEACH, Fla.--(BUSINESS WIRE)--Opteum Inc. (NYSE:OPX) (“Opteum” or the “Company”), a real estate investment trust (“REIT”) that operates an integrated mortgage-related securities investment portfolio and mortgage origination platform, today announced that the tax characterization to shareholders of dividends paid by the Company during 2006 is as follows:

SANTA MONICA, Calif.--(BUSINESS WIRE)--Anworth Mortgage Asset Corporation (NYSE:ANH) announced today the pricing of 1,000,000 shares of Series B Cumulative Convertible Preferred Stock. The shares have a liquidation value of $25.00 per share and will pay cash dividends at a rate of 6.25% per year of the $25.00 liquidation preference. Anworth has granted its underwriters an option, exercisable for 30 days, to purchase up to an additional 150,000 shares to cover over-allotments, if any. The net proceeds from the offering are expected to be approximately $23.5 million (or approximately $27.1 million if the underwriters’ over-allotment option is exercised in full). The underwriters expect to deliver the preferred stock to purchasers on or about February 1, 2007 and Anworth has applied to list the preferred stock on the New York Stock Exchange under the symbol “ANHPrB.”

PASADENA, Calif.--(BUSINESS WIRE)--The following is a letter to shareholders of Indymac and other Indymac stakeholders from Michael W. Perry, Chairman and Chief Executive Officer:

Dear Shareholders and other Indymac Stakeholders:

RICHMOND, Va.--(BUSINESS WIRE)--Hilb Rogal & Hobbs Company (NYSE: HRH), the world's tenth largest insurance and risk management intermediary, announced that effective January 1, 2007, it has completed the previously announced acquisition of the operating assets of Cleveland-based Loan Protector General Agency, Inc. and Loan Protector Tracking Services, Inc. (collectively known as Loan Protector Insurance Services). Terms of the transaction were not disclosed.

Addition Further Strengthens Deutsche Bank’s Vertically Integrated US RMBS Platform

NEW YORK--(BUSINESS WIRE)--Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced the completion of the acquisition of MortgageIT Holdings, Inc., a residential mortgage real estate investment trust (REIT), for $14.75 in cash per share of common stock, or $430 million (EUR 324 million). The acquisition is expected to be accretive to earnings in 2007 and will add significant scale and synergies to Deutsche Bank’s US residential mortgage business.

ATLANTA--(BUSINESS WIRE)--On Thursday, January 25, 2007, before the open of the market, Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) will release results for the quarter ended December 31, 2006. The Company will hold a conference call on the same day at 11:00 AM ET to discuss the results and take questions. You may listen to the conference call and view the Company’s slide presentation over the Internet by going to the “Investor Relations” section of the Company’s website at www.beazer.com. To access the conference call by telephone, listeners should dial 800-369-1904 (for international callers, dial 773-756-4625). To be admitted to the call, verbally supply the passcode "BZH." A replay of the call will be available shortly after the conclusion of the live call. To directly access the replay, available until 5:00 PM ET on February 1, 2007, dial 866-433-1154 (for international callers, dial 203-369-0994). The replay will also be available at www.beazer.com.