Aames Investment Corporation to Announce Fourth Quarter 2005 Results and Host Investor Conference Call
March 06 2006 - 9:30AM
Business Wire
Aames Investment Corporation (NYSE: AIC), a mortgage real estate
investment trust, today announced that it would report fourth
quarter 2005 financial results after the market close on Thursday,
March 16. Management will host a conference call and webcast to
discuss the results following the release, at 5:00 p.m. Eastern
Time on the 16th. An enhanced webcast, including a slide
presentation, will be accessible on Aames's website, www.aames.net.
A replay of the conference call and presentation will be available
on the Corporate Financial section of the company's website shortly
after the conclusion of the call. About Aames Investment
Corporation Aames is a mortgage REIT and, through its subsidiary
Aames Financial Corporation, originates mortgage loans in 47
states. Aames Financial is a fifty-year old national mortgage
banking company focused primarily on originating subprime
residential mortgage loans through wholesale and retail channels
under the name "Aames Home Loan." To find out more about Aames,
please visit www.aames.com. Information Regarding Forward Looking
Statements This press release may contain forward-looking
statements under federal securities laws. These statements are
based on management's current expectations and beliefs and are
subject to a number of trends and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements. The risks and uncertainties that may
cause the company's performance and results to vary include: (i)
limited cash flow to fund operations and dependence on short-term
financing facilities; (ii) changes in overall economic conditions
and interest rates; (iii) increased delinquency rates in the
portfolio; (iv) intense competition in the mortgage lending
industry; (v) adverse changes in the securitization and whole loan
market for mortgage loans; (vi) declines in real estate values;
(vii) an inability to originate subprime hybrid/adjustable mortgage
loans; (viii) obligations to repurchase mortgage loans and
indemnify investors; (ix) concentration of operations in
California, Florida, New York and Texas; the occurrence of natural
disasters (including the adverse impact of hurricanes Katrina, Rita
and Wilma); (x) extensive government regulation; and (xi) an
inability to comply with the federal tax requirements applicable to
REITs and effectively operate within limitations imposed on REITs
by federal tax rules. For a more complete discussion of these risks
and uncertainties and information relating to the company, see the
Form 10-K for the year ended December 31, 2004 and other filings
with the SEC made by the company. Aames Investment expressly
disclaims any obligation to update or revise any forward-looking
statements in this press release. Further Information For more
information, contact Steven Canup, Senior Vice President, Corporate
Development and Investor Relations, in Aames Investment's Investor
Relations Department at (323) 210-5311 or at info@aamescorp.com via
email.
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