On March 26, 2009, Resource America, Inc. (NASDAQ: REXI) (the "Company"), entered into an amendment (the "Sixth Amendment") to the Loan and Security Agreement dated as of May 24, 2007 between the Company and TD Bank, N.A. (successor by merger to Commerce Bank, N.A.), for itself and as agent for the Lenders defined therein. The terms of the Sixth Amendment are set forth in their entirety in Exhibit 10.1 hereto, which is incorporated herein by reference. The Company and Lenders have entered into the Sixth Amendment as an interim measure to provide sufficient time to effectuate a comprehensive revision of the Loan and Security Agreement. While the Company currently anticipates that the formal documentation for a comprehensive revision will be completed and executed on a timely basis, there can be no assurance that the Company will be able to do so or be able to do so on terms acceptable to the Company.

(d) Exhibits

 Exhibit  Description
No.
         Sixth Amendment to Loan and Security Agreement dated March 26, 2009 by
 10.1    and among Resource America, Inc. and TD Bank, N.A. (successor by merger
         to Commerce Bank, N.A.).