Delta Funding Corporation's Delta Works Community Action Team Springs into Action; Launches Community Initiatives and Outreach as Part of Long Corporate Tradition.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com WOODBURY, N.Y.--(BUSINESS WIRE)--April 18, 2002 Delta Funding Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DLTO.OB) through its Delta Works The 'Delta Works' are a number of constructions that were built between 1950 and 1997 in the southwest of the Netherlands to protect a large area of land from the sea. The works consist of dams, sluices, locks, dikes and storm surge barriers. program has embarked on a number of exciting projects, continuing a two decade long tradition of corporate community service. Atlanta's Walkers Tabernacle Tabernacle (tăb`ərnăk'əl), in the Bible, the portable holy place of the Hebrews during their desert wanderings. It was a tent, like the portable tent-shrines used by ancient Semites, set up in each camp; eventually it housed the Ark Baptist Church was the most recent beneficiary of Delta Works good deeds. Delta donated eight computers and furniture to the church on April 8 for use as part of a computer literacy program for the elderly. The church, which has been a fixture in Atlanta since 1925, started the program to help teach seniors how to use computers and become more comfortable with new technology. Closer to home, Delta was a sponsor of a New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. tradition: the annual football game between New York City Police Officers and New York City Corrections officers. The game, played on Saturday, April 13, was a precursor to a much bigger game Delta is to be a sponsor of, between New York City Police Officers and Firefighters. The Finest vs. The Bravest (NYC NYC abbr. New York City NYC New York City Police Department vs. NYC Fire Department) game is scheduled for May 19 at Giants Stadium. Delta will be donating 50 game tickets to the children and widows of uniformed rescuers who were lost in the September 11 attack on the World Trade Center. Former professional football players as well as prominent politicians, civic and business leaders are expected to attend the game. Game proceeds will be given to the police and firefighters' widows and orphans In typesetting, widow refers to the final line of a paragraph that falls at the top the following page of text, separated from the remainder of the paragraph on the previous page. The term can also be used to refer simply to an uncomfortably short (e.g. fund. "Delta has been an industry leader in community outreach programs," said Delta CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Hugh Miller said, adding, "our community service and education programs are very popular in the communities we serve." Delta's Director of Community Affairs Russell Carter said this spring and summer's itinerary of community based events is Delta's most ambitious. "Delta has a number of programs that will be announced shortly," Carter said, "including loan education seminars, senior citizen outreach and student internship opportunities. We know that building communities and helping them thrive is important." About Delta Works The Delta Works team is composed of Delta employee-volunteers who in the past have donated their free time to build a home with Habitat for Humanity Habitat for Humanity, nonprofit ecumenical Christian organization that enables low-income people to own affordable, livable housing. Headquartered in Americus, Ga., it was founded in 1976 by businessman Millard Fuller and his wife. , taught seminars, participated in neighborhood clean-ups and donated money and food to homeless shelters. Additionally, Delta Funding Corporation has donated hundreds of computers and furniture to church groups and civic minded organizations in an effort to bridge the digital divide - those who have access to computers and technology and those that do not. About Delta Funding Corporation Founded in 1982, Delta Financial Corporation is a Woodbury, New York-based specialty consumer finance company that originates, securitizes and sells (and until May 2001, serviced) non-conforming home equity loans. Delta's loans are primarily secured by first mortgages on one to four-family residential properties. Delta originates home equity loans primarily in 20 states. Loans are originated through a network of approximately 1,500 brokers and the Company's retail offices. Prior to July 1, 2000, loans were also purchased through a network of approximately 120 correspondents. Since 1991, Delta has sold approximately $7.2 billion of its mortgages through 31 AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. rated securitizations. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.041802/bb6 |
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