ECC Capital Corporation Posts Results for First Quarter End March 31, 2008

IRVINE, Calif., June 5  /PRNewswire-FirstCall/ -- ECC Capital Corporation (Pink Sheets: ECRO), a mortgage finance real estate investment trust (REIT) that invested in residential mortgage loans, today posted financial results for the year end March 31, 2008, on its website.  You can locate this information at http://www.ecccapital.com/ under the section titled "Investor Relations".  Please thoroughly read this report as it contains important general corporate, financial, operational, strategic, legal and shareholder ownership information.

As ECC Capital continues to assess its cost structure, it cannot provide assurance that it will continue to post quarterly financial information for 2008 and after.  Although the Company presently expects to post annual financial information for 2008 about three months after the end of the fiscal year, it is possible annual financial information will not be audited.  In addition, although ECC Capital has issued press releases in the past, in an effort to reduce costs, ECC Capital expects to limit its future use of press releases.  Please periodically check ECC Capital's website for new postings and other information.  You may also contact ECC Capital using the toll free number of 866-338-8749 or via email at .

   For Further Information:
   AT THE COMPANY:
   Roque A. Santi
   President and Chief Financial Officer
   [phone]
   

DATASOURCE: ECC Capital Corporation



CONTACT:  Roque A. Santi, President and Chief Financial Officer of ECC

Capital Corporation, [phone], 



Web site:  http://www.ecccapital.com/ 

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