10:45 AM EST - Xceed Mortgage Corp. : disclosed Friday that it will take an after-tax charge of $17 million to $20 million on the value of its future lending proceeds. The announcement Friday arises from liquidity problems in the Canadian market for extendible asset-backed commercial paper, which funds 37 per cent of Xceed's $2.7-billion securitized mortgage portfolio. Xceed Mortgage Corp.
shares T.XMC are trading up 9 cents at $2.74.
