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CYBERLOAN CHOSEN BY MERRILL LYNCH; VOLUME TOPS $704 MILLION.


DENVER-BASED FINANCINGSOURCES.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page.  (aka DataMerge, Inc.) has announced that Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis.  Capital Markets, a portion of the commercial real estate financing arm of Merrill Lynch & Co., Inc., is participating in its online commercial real estate loan submission network, [CyberLoan.sup.TM]. Merrill Lynch now accepts online commercial real estate loan applications through the CyberLoan system, found at www.financingsources.com. CyberLoan matches incoming Incoming is a 3-D shooter developed by Rage Software and published by Interplay. The PC version was released in late 1998, and the Dreamcast version, a launch title for the console, was released in 1998 in Japan and in 1999 in the rest of the world.  loan applications with the underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 criteria of multiple lenders, then transmits the application to those lenders most likely to finance the property. In addition, FinancingSources.Com has announced that online applications funneled through CyberLoan totaled a record $704 million in August 1999, the last full month for which figures were available at press time.
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Publication:Mortgage Banking
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2000
Words:117
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