Hanover Delays Earnings Release

Hanover Capital Mortgage Holdings, which was scheduled to release third-quarter earnings on Nov. 14, has delayed posting its results until Nov. 19, with a conference call scheduled for Nov. 20.John Burchett, president and chief executive of the real estate investment trust, said that "continued turmoil and uncertainty in the capital markets and lack of trading in similar securities" has made it difficult for the mortgage REIT to establish the fair value of certain assets. Hanover invests in prime credit quality mortgage loans and mortgage securities backed by prime loans.

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