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


To: Anthony@Pacific who wrote (55136)4/26/2000 1:17:00 AM
From: Anthony@Pacific  Respond to of 122087
 
EELN<-----is nothing more than a Loan Reseller and buyer, You can do better through your own banks..

99 <GO> for story options Document Type: 10-K405
MORTGAGE REVENUES

E-LOAN's mortgage revenues are derived from the brokering of loans and the
origination and sale of loans. Brokered loans are funded through lending
partners and E-LOAN never takes title to the mortgage. Brokerage revenues are
comprised of the mark-up to the lending partner's loan price, and processing and
credit reporting fees. These revenues are recognized at the time a loan is
closed. Originated and sold loans are loans that are funded through E-LOAN's own
warehouse lines of credit and sold to mortgage loan purchasers. Loan origination
and sale revenues consist of proceeds in excess of the carrying value of the
loan, origination fees less certain direct origination costs, other processing
fees and interest paid by borrowers on loans that E-LOAN holds for sale. These
revenues are recognized at the time the loan is sold or, for interest income, as
earned



To: Anthony@Pacific who wrote (55136)4/26/2000 1:29:00 AM
From: Jay Fisk  Respond to of 122087
 
The SEC is proposing to change the rules that currently allow companies to give important information to Wall Street analysts without simultaneously giving the news to the public at large.

Wall Street is spending big and lobbying hard to keep the current system of selective disclosure in place.

To have your voice heard, click on mailto:rule-comments@sec.gov and put "Proposed Regulation FD: File No. S7-31-99" in the comment header, and sign your name and company affiliation if any. The deadline for public comments is this Friday, Apr 28.

Vote yes for full disclosure !

More stuff here: fool.com