Delta Financial Corporation to Announce First Quarter 2007 Financial Results Tuesday, May 8, 2007

Delta Financial Corporation (NASDAQ: DFC) will report its first quarter 2007 financial results before the market opens on Tuesday, May 8, 2007. A conference call to discuss the financial results will be hosted by Hugh Miller, president and chief executive officer, and Richard Blass, executive vice president and chief financial officer, on Tuesday, May 8, 2007 at 10 a.m. EDT. The live conference call can be accessed by dialing (866) 585-6398 (domestic) or (416) 849-9626 (international).

A live listen-only webcast of the conference call will be available on the Company's website at, in the Investor Relations section under Company Information/Corporate Highlights. In order to listen to the webcast, please log on to the website at least 15 minutes before the call to register, download and install any necessary audio software. A webcast replay of the conference call and question/answer session will be available on the Company's website shortly after the live call is completed. A telephone replay also will be available shortly after the live call and can be accessed by dialing (866) 245-6755 (domestic) or (416) 915-1035 (international), and using the code: 64426. The replays will be available through Wednesday, May 22, 2007.

About the Company

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. The loans originated by the Company are primarily fixed-rate mortgage loans secured by first mortgages on one- to four-family residential properties. The Company originates non-conforming loans through a network of approximately 3,200 independent brokers and the Company's retail offices. Since 1991, the Company has completed 51 asset-backed securitizations, collateralized by approximately $18.9 billion in mortgage loans.

For More Information Contact:
Jayne L. Cavuoto-Krafchik
Director of Investor Relations
(516) 812-8217
Email Contact

Drew Biondo
Director of Corporate Communications
(516) 812-8208
Email Contact

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