Long Beach Financial Corp.
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The Orange-based parent of Long Beach Mortgage Co. said net earnings reached a record $6.5 million, or 28 cents a share, for the first quarter, a gain of 20% from $5.4 million, or 21 cents a share, for the first quarter of 1998. Total assets rose 8% to $356.1 million from $328.6 million.
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