Delta Financial Corporation to Announce Third Quarter 2007 Financial Results Thursday, November 8, 2007

Delta Financial Corporation (NASDAQ: DFC) will report its third quarter 2007 financial results before the market opens on Thursday, November 8, 2007. The company will host a conference call to discuss the financial results on Thursday, November 8, 2007 at 10 a.m. EDT. The live conference call can be accessed by dialing (866) 334-3876 (domestic) or (416) 849-9626 (international).

A live listen-only webcast of the conference call will be available on the Companys website at http://www.deltafinancial.com. 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 Companys 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: 432418. The replays will be available through Wednesday, November 21, 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 independent brokers and the Companys retail offices. Since 1991, the Company has completed 53 asset-backed securitizations, collateralized by approximately $20.7 billion in mortgage loans.

Contacts:

Delta Financial Corporation
Larry Karpen, Vice President
516-812-8222
lkarpen@deltafinancial.com
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