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National City CEO: Subprime Trouble Moving to Rear-View 

Apr 30, 2007By

National City’s CEO said in a conference call that things will look better in the quarters ahead at the nation’s eighth largest bank. “We would expect to be in the black in future quarters” in mortgage banking, Daberko said in an interview. “Mortgage banking, ex-hedging, actually made 5 cents in the quarter. We think, actually, mortgage banking ought to trend upward over the rest of the year, outside hedging.”

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