UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 9, 2004
UNITED FINANCIAL MORTGAGE CORP.
Illinois 1-14127 36-43440533
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(State or Other Jurisdiction of (Commission (IRS Employer
Incorporation) File Number Identification No.)
815 Commerce Drive, Suite 100
Oak Brook, Illinois 60523
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(Address of principal executive offices)
Telephone: (630) 571-7222
Item 2.02 Results of Operation and Financial Condition.
On December 9, 2004, United Financial Mortgage Corp. (Amex: UFM or the
"Company") issued a press release regarding the Company's earnings for the
second quarter and six months that ended on October 31, 2004. A copy of the
press release is attached hereto as Exhibit 99.1.
Forward-Looking Information
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This current report on Form 8-K contains, and future oral and written
statements may contain, forward-looking statements within the meaning of
such term in the Private Securities Litigation Reform Act of 1995 with
respect to the Company's business, financial condition, results of
operations, plans, objectives and future performance. Forward-looking
statements, which may be based upon beliefs, expectations and assumptions
of management and on information currently available to management, are
generally identifiable by the use of words such as "believe," "expect,"
"anticipate," "plan," "intend," "estimate," "may," "will," "would," "could,"
"should" or other similar expressions. Additionally, all statements in this
document, including forward-looking statements, speak only as of the date
they are made, and the Company undertakes no obligation to update any
statement in light of new information or future events. A number of
factors, many of which are beyond the ability of the Company to control or
predict, could cause actual results to differ materially from those in its
forward-looking statements.
These factors include, among others, the following: (i) changes in demand
for mortgage loans due to fluctuations in the real estate market, interest
rates or the market in which the Company sells its mortgage loans; (ii) the
Company's access to funding sources and its ability to renew, replace or add
to its existing credit facilities on terms comparable to the current terms;
(iii) assumptions underlying the value of the Company's retained mortgage
loan-servicing rights; (iv) the negative impact of economic slowdowns or
recessions; (v) management's ability to manage the Company's growth and
planned expansion; (vi) the effect of the competitive pressures from other
lenders or suppliers of credit in the Company's market; (vii) changes in
government regulations that affect the Company's business; (viii) the
Company's ability to expand origination volume while reducing overhead;
(ix) the impact of new state or federal legislation or court decisions
restricting the activities of lenders or suppliers of credit in the
Company's market; (x) other risk factors disclosed from time to time in the
Company's filings with the Securities and Exchange Commission; and (xi) the
inability of the Company to manage the risks associated with the foregoing
as well as anticipated. These risks and uncertainties should be considered
in evaluating forward-looking statements and undue reliance should not be
placed on such statements. Additional information concerning the Company and
its business, including additional factors that could materially affect the
Company's financial results, is included in the Company's filings with the
Securities and Exchange Commission.
Item 9.01. Exhibits.
Exhibit 99.1 Press release for second quarter and six months ended
October 31, 2004
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
UNITED FINANCIAL MORTGAGE CORP.
By: /s/ Steve Khoshabe
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President and Chief Executive Officer
Date: December 9, 2004
INDEX TO EXHIBITS
Exhibits
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Exhibit 99.1 Press release for second quarter and six months ended
October 31, 2004