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Gold/Mining/Energy : BCE Emergis - global e-commerce -- Ignore unavailable to you. Want to Upgrade?

To: sPD who wrote (27)	3/19/1998 10:04:00 PM
From: sPD	Read Replies (2) \| Respond to of 1341

Home and car loans on Net to soar Almost one out of every three mortgages and 40 percent of auto loan originations will move to the Internet by 2005, according to a new study by Killen & Associates. "The ease of Internet access will be a boon for all borrowers and lenders, including mortgage and auto financing companies," Michael Killen said, the president of Killen & Associates. "Consumer and commercial lenders worldwide, including Bank of America, Countrywide, Advanta, and Auto-By-Tel are expanding their use of the Internet and other electronic networks to sell loans to consumers and commercial customers." He said all loan originators and credit companies, including Chrysler Credit, Chase Manhattan and others will be affected. "Firms who fail to adapt their loan services to the Internet are especially vulnerable to loss of market share," Killen warned. Yes, MPACT Immedia (through partnership with Freddie Mac) has that base covered too. mpactimmedia.com