Del Mar Mortgage parent lists stock

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Friday, Dec. 10, 1999 | noon

Sunderland Corp. of Las Vegas, parent company of Del Mar Mortgage of Las Vegas, has successfully listed its stock for public trading.

The company was first listed this morning on the OTC Bulletin Board under ticker symbol "DLMA." In early afternoon trading, it was quoted at $6 per share, unchanged from its opening price.

Sunderland had registered 1.93 million of its 6.16 million shares with the Securities and Exchange Commission to allow the shares to be sold by existing shareholders. No shares were sold by the company or company officials.

Sunderland provides home mortgages across Nevada, primarily in the Las Vegas area. With today's listing, the company has a market capitalization of $37 million.