NAB Asset Corp.:
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The Mission Viejo financial services company reported a loss of $1.5 million, or 29 cents a share, for the third quarter, compared with net income of $692,000, or 14 cents a share, for last year’s third quarter. Revenue declined 36% to $6.9 million. During the third quarter, the company decided to dispose of its investment in its commercial lending business, Construction Lending Portfolio Services Inc., and its commercial lending business, NAFCO Inc.
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