COLUMBIA, S.C. - Resource Bancshares Mortgage Group Inc. reported Wednesday that its second-quarter net income rose nearly eightfold from the first quarter, to $7.8 million, or 47 cents per share.

The company lost $4.2 million in the same period last year.

The company reported first-half earnings of $8.7 million, compared with a $14.2 million net loss in the first six months of last year. For the full year, Resource lost $28.1 million in 2000.

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