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To: Bouf who wrote (55728)2/15/1999 9:15:00 AM
From: Rock_nj  Respond to of 119973
 
I agree. I just obtained a mortgage last fall. I was thinking of going through one the online mortgage companies to save a 1/2 point. However, when I realized how much personal information I would be giving out to strangers over the Internet, I decided not to go ahead with it. The 1/2 point doesn't really matter now, I just paid off my mortgage with stock market earnings. :-)



To: Bouf who wrote (55728)2/15/1999 9:21:00 AM
From: LANCE B  Respond to of 119973
 
disagree... went into my living
yesterday my wife was watching some shopping
channel ...instead of just selling stuff i guess
they also do some regular programming...they were
doing a 1 hour program on online real estate...had some
of the big companies on with interviews and were talking
about how convenient and easy it is for companies like
century 21 to have their brokers work with clients locally over the net and how much money and time it saves their clients...mortgages
follow suit...and considering the rate in which more americans
do not go out of the their front door anymore,this will only
increase...we trust a computer to work out the rates anyway,the
only difference is we do not have to listen to the putz telling us
the computer is never wrong...



To: Bouf who wrote (55728)2/15/1999 9:26:00 AM
From: findstock  Respond to of 119973
 
FNHC to much hype? Kinda like QUOB....huh...yeah...



To: Bouf who wrote (55728)2/15/1999 9:26:00 AM
From: manny t  Respond to of 119973
 
Bouf,

<< most people don't want to do mortgages over the Internet..that is the one loan that most
consumers prefer to do in person, with their local banker>>

You must not own a home,or have never gotten a mortgage.If I knew
that I can save money getting a mortgage online,I would kiss my "local
banker" goodbye.
The point of investing in an Internet stock,is to find a company
that is either first in their field or is making many connections
online to spread their product.I don't think the number of shares outstanding will make much of a difference for a company that has the potential for getting even a small share of the 60 billion home mortgage business.With the new CEO,and their consolidation of their
online sights under Finet.com,I think FNHC is ready to make inroads into the home mortgage business.

IMO,

Manny T.