Motor and home lender, Ally Financial, earned a net income of $79 million in the fourth quarter of 2010, The Wall Street Journal reports. In the fourth quarter, the lender’s revenue increased by 21% to $1.91 billion.

Ally sold auto loan worth about $9.3 billion to U.S. consumers in the fourth quarter. Ally Financial, which had suffered a $4.95 billion loss in the fourth quarter of 2009, posted its fourth consecutive quarterly profit.

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