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Irwin Warns, Expects Loss in First Quarter of 2007 

Apr 13, 2007By

Irwin Financial Corporation (NYSE:IFC) said early Friday that it expects to report a loss from operations for the first quarter of 2007 due largely to the effects of conditions in the consumer mortgage market. “We have had two disappointments during the first quarter. While this is not a pleasant way to start the year, we believe both issues are essentially one-time events. In aggregate, the other aspects of the business are running close to our 2007 plans,” said Will Miller, chairman and CEO of Irwin Financial.

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