Item 7.01 Regulation FD Disclosure

On January 30, 2013, Doral Bank (the "Bank"), the wholly owned subsidiary of Doral Financial Corporation (the "Company" or "Doral"), filed its Consolidated Reports of Condition and Income for A Bank With Domestic Offices Only - FFIEC 041 for the quarter ended December 31, 2012 ( the "Call Report"). The Call Report may be found on the FDIC's website at http://cdr.ffiec.gov/Public/.

The audit of the Company's financial statements for the year ended December 31, 2012, is in process, but is not yet complete. The information presented in the Call Report is preliminary and unaudited, filed solely for bank regulatory purposes, and relates only to the Bank, and not to the Company on a consolidated basis. The Company has significant assets and liabilities other than its investment in the Bank. Therefore, the results filed in the Call Report are not necessarily indicative of the reported earnings of the consolidated Company. Prior to year end, the Company elected to convert its insurance subsidiary to a limited liability corporation and altered certain elections related to the Company's tax estimates. Also, in January 2013, the Company transferred certain assets to a newly formed legal entity. The Company is currently evaluating the impact, if any, of these changes on its 2012 operating results. The Company expects to file its audited financial statements for the year ended December 31, 2012 with its filing of its Annual Report on Form 10-K for the year ended December 31, 2012 no later than March 18, 2013.

The information furnished pursuant to this Item 7.01 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, unless otherwise expressly stated in such filing.

Forward-Looking Statements

This Current Report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may relate to Doral's financial condition, results of operations, plans, objectives, future performance and business, including, but not limited to, statements with respect to the adequacy of the allowance for loan and lease losses, market risk and the impact of interest rate changes, capital markets conditions, capital adequacy and liquidity, and the effect of legal proceedings and new accounting standards on Doral's financial condition and results of operations. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts, and are generally identified by the use of words or phrases such as "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," "believe," "expect," "may" or similar expressions.

Doral cautions readers not to place undue reliance on any of these forward-looking statements since they speak only as of the date made and represent Doral's expectations of future conditions or results and are not guarantees of future performance. Doral does not undertake and specifically disclaims any obligations to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of those statements.

Forward-looking statements are, by their nature, subject to risks and uncertainties. Risk factors and uncertainties that could cause Doral's actual results to differ materially from those described in forward-looking statements can be found in Doral's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2012, June 30, 2012 and September 30, 2012, and its Annual Report on Form 10-K for the year ended December 31, 2011, all of which is available on Doral's website at www.doralfinancial.com.

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