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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM) -- Ignore unavailable to you. Want to Upgrade?


To: Boquacious who wrote (349)9/9/1999 10:46:00 AM
From: Dolfan  Read Replies (2) | Respond to of 516
 
Hows this for News. I just cancelled my sell order for 20
I guess that domain I found meant dsomething after all!

The Prudential Real Estate Affiliates, Inc., Chase Manhattan
Mortgage Corporation And Mortgage.Com Announce Joint
Marketing Agreement

IRVINE, CA, July 20, 1999 – The Prudential Real Estate Affiliates, Inc.
(PREA) Chase Manhattan Mortgage Corporation (Chase Manhattan)
and mortgage.com today announced a joint marketing agreement to
offer both traditional and online mortgage services to Prudential Real
Estate's Network members.

While some brokers in the Network currently have their own mortgage
relationship in place, the three party marketing agreement will enable
many other Prudential Real Estate Network brokers to select one of
several service approaches, from providing on-site loan specialists to
establishing web-based loan centers in their real estate offices.
Prudential Real Estate Network members will be offered the option to
work with these companies in the coming months. The proposed menu
of services will present scaleable solutions that will enable many
Prudential Real Estate Network brokers to offer home buyers an
effective and efficient one-stop mortgage lending solution.

“This marketing agreement provides our Network members with
premier mortgage options that reflect the changing market needs of
our consumers. Together, we will be able to service the traditional
needs and the emerging Web-oriented needs of today's consumers,
while offering trusted, real time options to each of our customers and
brokers,” commented John Van Der Wall, president of The Prudential
Real Estate Affiliates, Inc.

“This agreement allows us to build relationships with brokers
throughout Prudential Real Estate's Network,” said Gregg Gorman,
executive vice president of Chase Manhattan Mortgage Corporation.
“We are excited about the ability to service the Prudential Real Estate
member offices and potential home buyers with the quality loan options
that are expected from Chase.”

“We are thrilled to be working with Prudential Real Estate and Chase
to provide consumers with an easy and efficient solution for securing a
home mortgage,” said Seth Werner, chairman and CEO,
mortgage.com. “mortgage.com's proven technology and expertise,
coupled with Chase's formidable mortgage reputation, is a winning
combination for the Prudential Real Estate Network and consumers
alike.

About The Prudential Real Estate Affiliates, Inc.
The Prudential Real Estate Affiliates, Inc. is a leading full-service real
estate franchise operation that awarded its first affiliation in 1988. The
Prudential Real Estate Network of companies comprises 39,000 sales
associates in more than 1,500 offices throughout the United States
and Canada. The company, based in Irvine, California, is a subsidiary
of The Prudential Insurance Company of America. The Network
generated an annual sales volume of $75.5 billion in 1998. Prudential
Real Estate can be found on Prudential's web site at
www.prudential.com./real estate.

About Chase Manhattan Mortgage Corporation
Chase Manhattan Mortgage is a subsidiary of The Chase Manhattan
Corporation (NYSE: CMB), which is headquartered in New York City.
The Chase Manhattan Corporation is the nation's third largest banking
institution, with more than $360 billion in assets. Chase Manhattan
Mortgage Corporation, headquartered in Edison, New Jersey, is the
country's largest residential mortgage lender as of March 1999. The
company is also the third largest mortgage loan servicer, with a
portfolio of $235 billion. Chase can be reached on the Web at
www.chase.com.

About mortgage.com
Founded in 1994 and based in Plantation, Florida, mortgage.com
(formerly First Mortgage Network) is a pioneer in online mortgage
banking and consumer direct mortgage lending. It also provides,
private-label outsourcing and technology services, including
point-of-sale and Internet technology, business management, loan
processing, and call center and mortgage funding capabilities.
mortgage.com is privately funded with approximately 500 employees
in six offices nationwide. mortage.com can be reached on the Web at
www.mortgage.com.
###

"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements in this press release regarding Mortgage.com's
business which are not historical facts are "forward-looking statements" that
involve risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see "Risk Factors" in the
Company's Annual Report or Form 10-K for the most recently ended fiscal
year.



To: Boquacious who wrote (349)9/9/1999 10:55:00 AM
From: Van Nguyen  Read Replies (2) | Respond to of 516
 
Not very encouraging, another upgrade but doesn't move.



To: Boquacious who wrote (349)9/9/1999 10:42:00 PM
From: steve host  Read Replies (3) | Respond to of 516
 
GO Back to School Dr. Evil - Law 101 Starts today -
When you graduate law school let me know --- every day the SEC sues individuals and corporations for violations of securities laws. For your pea brain information Blacks Law Dictionary (the authority on legal definitions FY layman education) defines "illegal" as "against or not authorized by law" . It says NOTHING about criminal, crime or otherwise. A violation of securities laws CAN be criminal, but is always a civil violation and is ALWAYS "illegal" !

GEEZ