To: red_dog who wrote (14745 ) 8/20/1999 12:21:00 PM From: nokomis Read Replies (1) | Respond to of 29970
Hi RG - did you see this today re FNCM and ATHM? (FNCM realy moving today) News Story FNCM - NASDAQ /FROM PR NEWSWIRE NEW YORK 800-776-8090/ TO BUSINESS AND REAL ESTATE EDITORS: FiNet.com Forms Marketing Agreement With RealEstate.com WALNUT CREEK, Calif., Aug. 20 /PRNewswire/ -- FiNet.com Inc. (Nasdaq: FNCM) owner and operator of finet.com , "America's Home Finance Network," today announced it has entered into a strategic marketing agreement with RealEstate.com to provide online mortgage lending services to consumers who seek home financing on the RealEstate.com web site. FiNet.com loan counselors will assist consumers in evaluating and selecting loan products that meet their needs. Consumers can choose a variety of loans from more than sixty lenders including FiNet.com's Monument Mortgage subsidiary. RealEstate.com has created alliances with Excite@Home's @Home service, Cox Interactive Media and other online companies to increase consumer awareness of its services. The RealEstate.com web site is specifically targeted to consumers seeking information on buying a home, which will provide Finet.com with targeted marketing data. "We are excited about this new relationship with RealEstate.com because it is expected to generate hundreds of loan applications per quarter," said Mark Korell, Chairman and CEO of FiNet.com. "The loan counselors at our Electronic Transaction Center specialize in giving consumers the service, selection, savings and speed of transaction that they demand in this Internet age. We benefit from the increased business in our consumer channel and RealEstate.com visitors benefit from FiNet.com's high-caliber mortgage services." About RealEstate.com Headquartered in Atlanta, RealEstate.com, Inc. is an Internet-based company dedicated to empowering consumers and industry professionals in all aspects of the real estate transaction. RealEstate.com offers an integrated suite of Web-based tools, including Mortgage Auction(SM), Property Analysis(SM), Appraisal and Closing Services(SM), Mortgage Document Verification(SM) and Home Search for consumers as well as real estate and mortgage industry professionals nationwide. RealEstate.com is not affiliated with any lender, broker or real estate organization, and therefore can help consumers make informed decisions in their real estate transactions by providing them with objective information about the real estate process helping them to make informed decisions in their real estate transactions. About FiNet.com FiNet.com, Inc., "America's Home Finance Network" including its wholly owned subsidiaries (the "Company"), is a leading provider of e-commerce home financing services that facilitates home ownership through a variety of technology-based products and automated services for consumers and mortgage broker businesses. The Company offers automated financing solutions directly to consumers through its interloan.com on-line home financing web site and to mortgage broker businesses through Monument Mortgage. Safe Harbor Certain statements in this press release, including statements regarding the anticipated development and expansion of the Company's business, and the intent, belief or current expectations of the Company, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. SOURCE FiNet.com Inc. /CONTACT: Dan Rawitch of FiNet.com Inc., 925-906-5874, or dan@theptn.com;or Kevin Theiss, Rubenstein Investor Relations, 212-843-8096, orktheis@rir1.com; or Brian Bailey of Rubenstein & Assoc., Inc., 212-843-9258,or bbailey@rubenstein.com, for FiNet.com Inc./ /Web site: finet.com