Yellow Brick Road booked a A$6.9 million net gain from its sale of its 50 per cent share of Smarter Money Investments in its December half financial report, allowing the company to report a net profit of $3.9 million for the half.Otherwise it was another disappointing result. YBR reported an operating loss of $597,000.The loan book increased by just 0.7 per cent to $49.7 billion, compared with June last year. Origination commissions fell 11 per cent to $32.9 millionCash flow from operating activities was up from an outflow of $366,000 in the previous corresponding period to $1.1 million in the latest half.YBR did not disclose the value of loan originations during the half or the size of its broker network.Revenue from ordinary activities increased by 2 per cent to $86.1 million.After the sale of a number of business units and investments last year, including its wealth business, YBR is a pure mortgage broking, servicing and securitisation business.Accompanying the release of its financial report, the company announced that it had signed a contract for a $120 million residential mortgage-backed securities securitisation warehouse facility with an Australian bank.The warehouse facility will be run by Resi Warehouse Funding, which is currently a wholly-owned YBR subsidiary but will become a 50/50 joint venture with an affiliate of Magnetar Capital. The Magnetar deal was announced last year.YBR said it was working with its JV partner to develop a mortgage product for small businesses and the self-employed. It is on track to sell its first YBR-branded mortgage product in March.