Saxon Capital, Inc. to Present at the 2005 Friedman, Billings, Ramsey Investor Conference
21 Novembre 2005 - 10:37PM
Business Wire
Saxon Capital, Inc. ("Saxon") (NYSE: SAX), a residential mortgage
lending and servicing real estate investment trust (REIT),
announced today that Michael L. Sawyer, Chief Executive Officer of
Saxon will be presenting at the 2005 Friedman, Billings Ramsey
Investor Conference on November 29, 2005 at 10:55AM Eastern Time.
The presentation will discuss Saxon's performance through the Third
Quarter of 2005. The presentation will be webcast through Saxon's
website: www.saxoncapitalinc.com. Please select "Corporate", then
"Investor Relations" to access the link. The webcast will be
available through December 30, 2005. About Saxon Saxon is a
residential mortgage lender and servicer that manages a portfolio
of mortgage assets. Saxon purchases, securitizes, and services real
property secured mortgages, and elects to be treated as a real
estate investment trust (REIT) for federal tax purposes. The
company is headquartered in Glen Allen, Virginia and has additional
primary facilities in Fort Worth, Texas and Foothill Ranch,
California. Saxon's production subsidiaries, Saxon Mortgage, Inc.,
and America's MoneyLine, Inc. originate and purchase loans through
wholesale, correspondent and retail business channels. Saxon
currently originates and purchases loans throughout the United
States through its network of brokers, correspondents, and retail
branches. As of September 30, 2005, Saxon's servicing subsidiary,
Saxon Mortgage Services, Inc., serviced a mortgage loan portfolio
of $26.4 billion. For more information, visit
www.saxoncapitalinc.com. Information Regarding Forward Looking
Statements Statements in this news release other than statements of
historical fact, are "forward-looking statements" that are based on
current expectations and assumptions. These expectations and
assumptions are subject to risks and uncertainty, which could
affect Saxon's future plans. Saxon's actual results and the timing
and occurrence of expected events could differ materially from its
plans and expectations due to a number of factors, such as (i)
changes in overall economic conditions and interest rates, (ii)
Saxon's ability to successfully implement its growth strategy,
(iii) Saxon's ability to sustain loan origination growth at levels
sufficient to absorb costs of production and operational costs,
(iv) continued availability of credit facilities and access to the
securitization markets or other funding sources, (v) deterioration
in the credit quality of Saxon's loan portfolio, (vi) lack of
access to the capital markets for additional funding, (vii)
challenges in successfully expanding Saxon's servicing platform and
technological capabilities, (viii) Saxon's ability to remain in
compliance with federal tax requirements applicable to REITs, (ix)
Saxon's ability and the ability of its subsidiaries to operate
effectively within the limitations imposed on REITs by federal tax
rules, (x) changes in federal income tax laws and regulations
applicable to REITs, (xi) unfavorable changes in capital market
conditions, (xii) future litigation developments, (xiii)
competitive conditions applicable to Saxon's industry, and (xiv)
changes in the applicable legal and regulatory environment. You
should also be aware that all information in this news release is
as of November 21, 2005. Saxon undertakes no duty to update any
forward-looking statement to conform the statement to actual
results or changes in the company's expectations.
Grafico Azioni Saxon Capital (NYSE:SAX)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Saxon Capital (NYSE:SAX)
Storico
Da Set 2023 a Set 2024
Notizie in Tempo Reale relative a Saxon Cap New (Borsa di New York (NYSE)): 0 articoli recenti
Più Saxon Capital, Inc. Articoli Notizie