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Royal

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Royal

Re: Royal post# 212

Monday, 05/21/2012 1:48:06 AM

Monday, May 21, 2012 1:48:06 AM

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Compensated Awareness Post View Disclaimer
PSMH Revenue Recognition Our revenue is derived primarily from revenue earned from the origination of mortgage loans that are funded by third parties. Revenue is recognized as earned on the earlier of the settlement date or the funding date of the loan.

ROYAL EXCHANGE BOARD

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