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Article: Loan production off at North American. (North American Mortgage Co.)(Brief Article)

Article from:
American Banker
Article date:
July 24, 1995
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North American Mortgage Co. reported an increase in second-quarter earnings, but a decline in total loan production.

Net income was $15.7 million, up 40% over the year-earlier period. Because of an accounting-rule change implemented in the second quarter this year, however, the two periods are not really ...

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