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Aegis Mortgage posts $15.3 million April operating income
By Jennifer Lanning Drey
Portland, Ore., June 4 - Aegis Mortgage Corp. reported operating income of $15.3 million on revenue of $17.0 million in April, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the period was $23.0 million.
The company had cash and cash equivalents of $47.1 million at April 30.
Aegis Mortgage, a Houston-based mortgage production franchise, filed for bankruptcy on Aug. 13, 2007. Its Chapter 11 case number is 07-11119.
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