SCOTTSDALE, Ariz. - Express America Holdings Corp., the parent company of Express America Mortgage Corp., reported a loss of $7.2 million before extraordinary items, or $1.35 per share, for the fiscal year ended Sept. 30, 1994. The net loss was $8.5 million, or $1.58 per share.

This result compares to a net loss of $2.1 million, or 47 cents a share, for the period a year earlier.

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