More Bumpy Times Predicted For Internet Lending Start-Ups

Berquist, Erick
February 2001
American Banker;2/6/2001, Vol. 166 Issue 25, p10
Trade Publication
Updates on developments concerning Web originators and technology providers in the mortgage business in 1999 and claimed that they would revolutionize the industry by taking it online. Analysis of the reason behind the failure of online mortgage firms; Challenges facing the surviving firms; Doubts on whether independent mortgage companies can afford to continue revolutionizing the industry on their own.


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