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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (55135)	4/26/2000 1:13:00 AM
From: Anthony@Pacific	Read Replies (2) \| Respond to of 122087

ALL AUTO-LOANS go to B of A,, why not skip themn entirely and go directly to B of A AUTO LOAN OPERATIONS On September 17, 1999, E-LOAN acquired from Bank of America a subsidiary called Electronic Vehicle Remarketing, Inc., (EVRI), which operated the leading auto loan origination website, CarFinance.com. In September 1999, E-LOAN relaunched its website, having integrated the CarFinance.com product offerings so consumer could easily research home mortgages and auto loans by simply moving to different tabbed sections of the website. As a result of the acquisition, E-LOA became the leading online provider of auto loans. Currently, E-LOAN acts primarily as a broker of auto loans, referring all approved loans to Bank of America for funding. In the first half of the year 2000, E-LOAN expects to fund auto loans using a warehouse line of credit and then sell them to auto loan purchasers in a manner similar to that which it employs for mortgage loan sales