CHICAGO, Aug. 11 /PRNewswire-FirstCall/ -- Deerfield Capital Corp. (NYSE: DFR) today announced that the company will report second quarter financial results on Monday, August 11, 2008 after the market closes.

The company will host a live conference call to discuss its financial results on Tuesday, August 12, 2008, at 11:00 a.m. Eastern Time. The conference call will be accessible by telephone and through the Internet. Interested individuals are invited to access the call by dialing 888-663-2241. To participate on the webcast, log on to the company's website at http://www.deerfieldcapital.com 15 minutes before the call to download the necessary software.

For those unable to listen to the call live, a replay will be available beginning one hour following the completion of the call on August 12, and will continue through August 19. To access the rebroadcast, dial 888-203-1112 and request reservation number 4624996. A replay of the call will also be available on the Internet at http://www.deerfieldcapital.com for 30 days.

About the Company

Deerfield Capital Corp. is a Maryland corporation with a principal investing portfolio comprised of fixed income investments, including residential mortgage backed securities ('RMBS'), government securities and corporate debt. In addition, through its subsidiary, Deerfield Capital Management LLC, the Company manages client assets, including government securities, corporate debt, RMBS and asset-backed securities.

For more information, please go to the company website at

                       http://www.deerfieldcapital.com

SOURCE Deerfield Capital Corp.