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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (16375)	9/23/1999 10:34:00 AM
From: Olsinvest	Read Replies (1) \| Respond to of 108040

Bot AIRO 23 Ole

To: Kimberly Lee who wrote (16375)	9/23/1999 10:34:00 AM
From: Blue Voodoo	Respond to of 108040

MJXC just released news, basically says what I said yesterday: biz.yahoo.com Message 11328667 Blue Voodoo

To: Kimberly Lee who wrote (16375)	9/23/1999 10:37:00 AM
From: marketmover	Respond to of 108040

KL - More BNCM news tiny float here. unknown internet subsidiary in Mortgage.Logic.com. 5.50 per share of Net cash! I LIKE IT! (MM) *************** BNC Mortgage Inc. Announces Relationship With Loan Trader.com Inc.'s Internet System IRVINE, Calif.--(BUSINESS WIRE)--Sept. 23, 1999--BNC Mortgage Inc. (NASDAQ:BNCM) Thursday announced that it has entered into an agreement to be a Beta test participant on the LoanTrader.com Internet Communication and Wholesale Mortgage Sourcing System. "As a Beta Test participant, BNC welcomes the opportunity to provide input as to how to make this exciting Web portal for the mortgage industry useful to BNC and the industry as a whole," said Kelly W. Monahan, president of BNC. LoanTrader.com is a new mortgage industry Internet marketplace where brokers can receive direct responses including programs, rates, conditions and fees from participating lenders. A mortgage broker enters a loan request into the system and is matched to all lender participants offering the requested product and borrower profile. The participating lenders provide a detailed response including, programs, rates, and conditions for each loan uploaded into the system. "BNC Mortgage Inc. sees an opportunity to create an alternative marketing channel for our wholesale subprime lending operation through the Internet and we welcome the opportunity to work with LoanTrader.com," added Monahan. LoanTrader.com Inc., a division of DeNovo Net Inc., is a privately held company located in Irvine. The company is a leading provider of e-commerce solutions to the mortgage banking industry. BNC Mortgage Inc. is a specialty finance company engaged in the business of originating, purchasing and selling, on a whole loan basis for cash, conforming and non-conforming, residential mortgage loans secured by one-to-four family residences. Since its inception in 1995, BNC has originated over $3 billion of mortgage loans in over 40 states. Except for historical information contained herein, this new release contains forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended in Section 21E of the Securities Exchange Act of 1934, as amended and involve risks and uncertainties that could cause actual results to differ materially. These forward-looking statements can be identified by the use of words "anticipate," "may," "will," "expect," "intend," "could," "would," and "remain," "continue," or the negative or other variations thereof or comparable terminology. The company's actual results could differ materially from those anticipated in the forward-looking statements based on changes in the company's business strategy. --30--KM/np* JS/np CONTACT: BNC Mortgage Inc., Irvine Kelly W. Monahan, President Peter R. Evans, Chief Financial Officer 949/260-6000 or LoanTrader.com Inc., Irvine John Le, President and Chief Executive Officer 949/261-9375 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: BANKING Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com BWviaNewsEDGE :TICKER: BNCM Copyright (c) 1999 Business Wire Received by NewsEDGE/LAN: 9/23/99 10:24 AM