VLDC is an undiscovered Internet mortgage play. The other companies in this field have exploded since the announcement of the E-loan IPO, but VLDC has yet to join the party. They have three very professional web sites:
virtuallender.com
homesmart.com
venturelist.com
FNHC and RCCK have exploded lately simply because of their presence in the Internet mortgage field, but neither of these companies have marketing campaigns with the leading portals like VLDC does. Check it out yourself simply go to one of the portals listed (Yahoo, Lycos, Excite, Netscape) and go to the finance section, look around and you are bound to run into a VirtualLender or a HomeSmart banner.
HomeSmart.com is a web publication that serves both consumers and the real estate industry through a comprehensive real estate Internet site. This site takes informed, motivated buyers and puts them in touch with banks, real estate companies, insurance companies, credit reporting services, appraisal services and other real estate-related services. This provides one-stop shopping and VIP service for consumers, as well as an excellent lead generating and contact medium for the industry.
HomeSmart.com's strategy for growth encompasses unique traffic generating and branding opportunities. Online marketing programs with Netscape (NASDAQ:NSCP - news) are underway, and HomeSmart.com will soon launch marketing campaigns with Lycos (NASDAQ:LCOS - news), Excite (NASDAQ:XCIT - news), Yahoo! (NASDAQ:YHOO - news) and many others.
Virtuallender.com, benefits consumers by providing a faster, flexible, more complete online mortgage solution, avoiding the frustration, delays and cost of the traditional mortgage process while providing the traditional ''bricks and mortar'' mortgage business that consumers and realtors have traditionally utilized.
Virtuallender.com, Inc. has established close ties with some of the nation's leading lenders such as Headlands (NASDAQ:HDLD - news), 1st Security Crosslands (NASDAQ:FFCO - news), World (NYSE:GDW - news), Dominion Resource/Saxon (NYSE:D - news), PCFS (NYSE:PFGI - news), and Downey Savings (NYSE:DSL - news).
According to estimates by James Marks, Deutsche Bank Securities Analyst, the online mortgage industry is set for explosive growth, with projections topping $60 billion by the year 2000.
Shares outstanding: 13,000,000
Float: 2,000,000
Market Capitalization: 65,000,000
This stock has been overlooked by those wanting to get in on the Internet mortgage craze, but watch out, this one is ready to explode.
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