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Technology Stocks : FNCM Finet.Com -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (1044)	4/26/1999 3:16:00 AM
From: BP Turk	Respond to of 2420

FNHC is one of the best bargains out there. With a little patience everyone will make alot of $. This article should give us a boost.

To: $Mogul who wrote (1044)	4/26/1999 8:43:00 AM
From: Straight Up	Read Replies (1) \| Respond to of 2420

Mogul Check out this NEWS!!!!!! biz.yahoo.com Straight Up

To: $Mogul who wrote (1044)	4/26/1999 8:56:00 AM
From: Skip Jack	Read Replies (1) \| Respond to of 2420

April 26, 1999 08:29 Finet Introduces Internet Mortgage Auction for New Homeseekers.com Finance Center Consumers Get the Best Rates With New Site WALNUT CREEK, Calif., April 26, 1999Finet Holdings Corporation (Nasdaq: FNHC) owner and operator of FiNet.com, "America's Home Finance Center," today announced a revolutionary move empowering consumers with stronger bargaining power when seeking a home mortgage. Finet is launching the Internet's first mortgage auction site that allows consumers to have their application reviewed and approved on-line before it is put out to bid to multiple lenders. Finet will introduce this new functionality as the exclusive operator of the new Homeseekers.com (Nasdaq: HMSK) Finance Center. This new process will utilize and expand Finet's iQualify.com automated loan analysis functionality and give consumers a wider choice of lenders through the auction process. Consumers also have the option to select a mortgage program from one of the dozens of lenders available through Finet's main retail site, Interloan.com. Finet joins such e-commerce leaders as www.e-bay.com (Nasdaq: EBAY) www.amazon.com (Nasdaq: AMZN) and www.priceline.com (Nasdaq: PCLN) in offering auction functionality. The auction process further empowers the consumer to take control of the mortgage process and enhances our strong commitment to lender neutrality and maximum choice and savings. "Up until now, the process has been backwards. In other systems, a mortgage is put out for bidding before it has been underwritten, " explained Dan Rawitch, Finet President. "Lenders are less likely to aggressively bid on the loan without having a commitment of approval or credit information. By providing an underwriting decision, with approval and pertinent credit information, Finet gives lenders a solid picture of what they're bidding on and consumers more certainty that their loan will close at the bid terms. Combining prior loan approval on-line with the open-bidding auction process and a multi-lender web site is the best of all worlds for the consumer." This new agreement with HomeSeekers.com will provide value-added financing services to home-buyers utilizing the HomeSeekers.com web sites offering access to more than 680,000 homes for sale throughout the United States. About Finet Finet Holdings Corporation, including its wholly owned subsidiaries (the "Company"), operator of FiNet.com, "America's Home Finance Network" is a leading edge provider of e-commerce home financing services that facilitates home ownership through a variety of technology-based products and automated services for consumers and real estate service providers. The Company offers automated financing solutions to electronically enabled mortgage brokers through Monument Mortgage and consumers directly through its Internet sites: interloan.com, an on-line home financing site; and iqualify.com, a Smithsonian Award-winning on-line automated consumer loan analysis service with access to multiple lenders. Internet distribution channels include Internet financial sites, Internet home listing sites, financial lead aggregators and local and national Internet portals. newsalert.com