SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : E Loan Inc -EELN
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bipin Prasad who wrote (168)6/30/1999 4:46:00 PM
From: KENNETH DOAN  Read Replies (4) of 817
 
Bipin,

Mortgage business is a very borderline business. They charge 50% less from what? What is a standard charge for a mortgage loan? is it 1 point, 1/2 point or zero point? Well, I can go on for ever. We have Tricor, Ditech and Countrywide that doing loan for practically nothing. They are only making money on servicing. I just don't see E*loan competitive edge. One main reason is that they do not have the right to servicing. If EELN want to go to war with these big players, they need to be a banker, not a broker.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News