ELMSFORD, N.Y. - Cityscape Financial Corp., a mortgage bank specializing in nonconforming mortgage loans, reported second-quarter net income of $2.4 million for the period ended June 30, compared with $176,114 in the second quarter of 1994.

Cityscape originated 1,250 mortgage loans totaling $87.7 million in the second quarter, representing an increase of 187.4% in number and 174.1% in dollars over second quarter 1994 loan originations.

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