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O.C. BUSINESS PLUS | ORANGE COUNTY EARNINGS

BNC Mortgage Inc.

May 09, 2000

The Irvine residential mortgage loan company posted a third-quarter net loss of $1.1 million, or 21 cents a share, including a write-off of $1.4 million related to Mortgage Logic.com Inc., a wholly owned subsidiary. BNC earned $642,000, or 12 cents a share, a year ago. Revenue for the quarter ended March 31 rose 27% to $13.1 million.

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