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Wilshire Reports Higher Net.(Brief Article)
Mortgage Servicing News
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September 01, 2003 |
COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Wilshire Financial Services Group reported net income after taxes of $1.4 million in the second quarter, or $0.08 per basic share, up from $300,000, or $0.02 per basic share, in the same period last year.
The increase in net income for the second quarter of 2003 over the second quarter of 2002 was primarily due to a $1.9 million increase in consolidated net servicing income, reflecting the continuing growth of the company's loan servicing ...
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Source: HighBeam Research, Wilshire Reports Higher Net.(Brief Article)