The top executive of Maryland Federal Bancorp, Hyattsville, Md., said the thrift expects to earn $2.97 million for its fiscal third quarter ended Nov. 30, up nearly 3 from a year ago.

Robert H. Halleck, president and chief executive, told a group of investors in Boston that mortgage activity had been strong in the thrift's market area, which consists of four Maryland counties near Washington, D.C.

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