09:59 AM EST - Xceed Mortgage Corporation : announced its financial results for the first quarter of fiscal 2011 ended January 31, 2011. For the first quarter of 2011, Xceed originated $31.1 million in loans, compared with $51.1 million during the fourth quarter of 2010 and $125.0 million for the first quarter of 2010. Net income for the first quarter of 2011 was $40,000, compared with a net loss of $11.8 million for the corresponding period of 2010. Xceed Mortgage Corporation
shares T.XMC are trading even at $0.80.
