Abode Mortgage Holdings Corp. Reports 1st Quarter 2008 Results

From: CCNMatthews Newswire | Date: January 28, 2008 | Copyright information

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 28, 2008) - Abode Mortgage Holdings Corp. (TSX VENTURE:ABD) announces its financial results for the first quarter ending November 30th, 2007. For the quarter, the company recorded a loss of $1,316,125 as compared to a loss of $761,037 in the prior year's quarter ended November 30th, 2006.

FINANCIAL HIGHLIGHTS

- Funded loans worth $15.97 million

- Securitized $27.97 million of loans

- Net revenues including gain on sale...

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