FiNet(FNHC)- read the article below, it will give you a good idea what they're about.
FiNet's new approach
Web site aggregates tools, alliances
Tuesday, February 16, 1999
Inman News Features
After years of work and strategic planning, Finet
Holdings Corp. remade its home page into a portal
for its Internet-based mortgage services and
partnerships.
Called America's Home Financing Network, the
new site brings together Finet-owned services
Interloan.com and iQualify.com, as well as home
search services from HomeSeekers and
Knight-Ridder.
FiNet.com is divided into three areas: Finet
Finance Center, Home Information Center and the
Mortgage Broker Resource Center. The latter
features broker fee sheets, approval packages,
broker packages and automated underwriting
systems technology.
Finet also unveiled a new look for iQualify, the
instant mortgage approval Web service uses
Fannie Mae Desktop Originator and Desktop
Underwriter systems and recently won a
Smithsonian technology award.
FiNet.com also has a rate tracker tool that lets
users pick what type of loan they're looking for
and how often they want to be emailed current
market rates.
An alliance with Resicom Real Estate Analyses lets
users access free market trends and neighborhood
and property reports. Resicom reports feature
maps, average annual appreciation percentages
and five-year valuation projections on any given
property.
Finet announced earlier this year that it would be
integrating its services. The plan corresponds with
the arrival of mortgage veteran Mark L. Korell as
the firm's new chairman and CEO.
Korell has held CEO positions with software firm
IMX Mortgage Exchange, Norwest Mortgage Inc.
and GMAC Mortgage Group and its Residential
Funding subsidiary. |
