Imperial Credit Mortgage Reports Gains
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SANTA ANA HEIGHTS — Imperial Credit Mortgage Holdings Inc., a real estate investment trust, posted net income of $2.1 million, or 46 cents a share, for the second quarter, an increase of 62% from $1.3 million for last year’s second quarter.
Revenue jumped to $14.2 million from $1.6 million.
Net income for the first half more than doubled to $3.8 million, or 85 cents a share, from $1.7 million. Revenue grew to $27.9 million for the period from $2.1 million.
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