ADVISORY/Photo of OnLoan.com corporate logo is available on BW PhotoWire/AP PhotoExpress, NewsCom, PressLink and Business Wire's Web Site.Photo/Business Editors ADVISORY... --(BUSINESS WIRE) The photo is BW3 on AP PhotoExpress. The photo is on Business Wire's Web Site at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.032100/bw3 Photo caption reads: FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--March 21, 2000 Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. , a federally chartered enterprise that purchases mortgages in the secondary market, has approved online lender OnLoan.com as a seller/servicer able to originate and sell conforming conventional loan products without the need of an intermediary. The approval is an industry benchmark acknowledging a lender's solid origination and staffing capabilities. It allows OnLoan.com to now underwrite To insure; to sell an issue of stocks and bonds or to guarantee the purchase of unsold stocks and bonds after a public issue. The word underwrite has two meanings. its own loans and collect borrowers' mortgage payments while expanding its already diverse product range. A third-party lender is no longer involved. A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Fort Lauderdale on Florida's InternetCoast, OnLoan.com is an online direct lender allowing mortgage professionals and borrowers to secure home loans. (Business Wire photo) CONTACT: OnLoan.com, Dave Raterman, 954/315-3033 (draterman@onloan.com) See BW1102 (NY-SILICON-ALLEY-VP) that ran earlier today for more information. |
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