e-Commerce the Next 100 Months...... Message Board

STOCKTALK

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.

Strategies & Market Trends : e-Commerce the Next 100 Months......

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PeterR1700 who wrote (143)	3/19/1998 10:13:00 PM
From: sPD	Read Replies (2) of 2882

Home and car loans on Net to soar Almost one out of every three mortgages and 40 percent of auto loan originations will move to the Internet by 2005, according to a new study by Killen & Associates. "The ease of Internet access will be a boon for all borrowers and lenders, including mortgage and auto financing companies," Michael Killen said, the president of Killen & Associates. "Consumer and commercial lenders worldwide, including Bank of America, Countrywide, Advanta, and Auto-By-Tel are expanding their use of the Internet and other electronic networks to sell loans to consumers and commercial customers." He said all loan originators and credit companies, including Chrysler Credit, Chase Manhattan and others will be affected. "Firms who fail to adapt their loan services to the Internet are especially vulnerable to loss of market share," Killen warned. ========= MPACT Immedia is covering the mortgage scene for Freddie Mac. mpactimmedia.com The stock (IFM on Montreal and Toronto) keeps climbing and has now reached the price the company had targeted in order to list on Nasdaq.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next