Plaza Home Mortgage Reports Quarterly Loss of $9.8 Million

Plaza Home Mortgage Corp., the Santa Ana mortgage banking company, reported a second-quarter loss of $9.8 million, or 85 cents a share, contrasted with a profit of $3.3 million, or 30 cents a share, for the same period a year earlier. The company attributed the loss to rising interest rates during the first half. For the first half, the company posted a loss of $9.8 million, or 85 cents a share, contrasted with a profit of $6.2 million, or 56 cents a share, for the first half of 1993.