Westmark Group Holdings Inc., Delray Beach, Fla., has reported record monthly loan production in June and projects that it will double last year's production total in 1998.June production of subprime mortgage loans totaled $27.6 million, topping the previous record of $23.2 million set in April. Projections now call for $280 million in loan production by year end, more than double 1997's $128 million, the company said. Payton Story III, Westmark's president and chief operating officer, cited the company's expansion in the Southeast, the Midwest, and the West as the source of the rising production.
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