Delta Sub Prices $600M Deal

Delta Financial Corp., Woodbury, N.Y., has announced the pricing of a securitization backed by $600 million of mortgage loans through its subsidiary Renaissance Mortgage Acceptance Corp.The lead manager of the deal, Renaissance Home Equity Loan Trust 2004-4, was RBS Greenwich Capital Markets Inc., and the co-managers were Citicorp Global Markets and Friedman, Billings, Ramsey Group Inc. Delta can be found online at http://www.deltafinancial.com.

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