Imperial Credit Mortgage Holdings Inc.: The Santa...
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Imperial Credit Mortgage Holdings Inc.: The Santa Ana Heights specialty finance company reported Monday that it earned $3.6 million for the third quarter, a turnaround from a loss of $556,000 a year ago. Imperial Credit, which is taxed as a real estate investment trust, had quarterly revenue of $18.9 million, compared with negative quarterly revenue of $32,000 last year. For the first nine months, Imperial Credit Mortgage earned $7.4 million, compared with $1.1 million earned in the same period last year.
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