FirstCity Financial Corporation (NASDAQ:FCFC) to Hold Q4 2007 Earnings Conference Call March 17

FirstCity Financial Corporation (NASDAQ:FCFC), a financial services company, will hold a conference call on Monday, March 17 at 10:00 am to discuss the fourth quarter earnings for 2007.

FirstCity Financial is engaged in the acquisition and resolution of portfolio assets.  The company acquires portfolio assets at a discount and then services and resolves it to maximize its value.  The company specializes in loans in groups or portfolios with credit quality deterioration between origination and the company’s acquisition of the loans.  The portfolios are acquired by FirstCity or through investment entities consisting of one or more co-investors forming an acquisition partnership.

FirstCity Financial and the Acquisition Partnerships have portfolio assets in the United States, the Virgin Islands, Dominican Republic, Puerto Rico, Chile, France, Germany, Japan, Mexico and Argentina.

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