Deerfield Capital Corp

Deerfield Capital Corp. is exploring alternatives for curing the deficiency and restoring compliance with the New York Stock Exchange continued listing standards.

On June 17, 2008, the Company was notified by the NYSE that it was not in compliance with…

The U.S. Securities and Exchange Commission’s investigation concerning certain mortgage securities transactions affected by Deerfield Capital Management LLC for Deerfield Capital Corp. in 2005 and 2006 is ongoing.

The SEC is conducting an investigation relating to certain practices associated with the…