ResMAE reports $8.43 million April loss before income taxes

By Caroline Salls

Pittsburgh, May 21 - ResMAE Mortgage Corp. reported an $8.43 million loss before income taxes for April on $321,000 in revenues, according to a Friday filing with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the month was also $8.43 million.

Unrestricted cash and cash equivalents were $10.8 million as of April 30.

ResMAE, a mortgage lender based in Brea, Calif., filed for bankruptcy on Jan. 12. Its Chapter 11 case number is 07-10177.

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