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3 billion of mortgage loans, including $286 million of loans acquired from Aames, were sold in whole loan sales for cash. 6% increase in total net revenues from Q2 2005 to Q2 2006 resulted primarily from an increase in the portfolio and higher whole loan sales, which were partially offset by a lower gain on sale of loans. As part of its review, Fitch analyzed the performance of the whole loan and its underlying collateral. |
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