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GMAC and Homece Alliance.


GMAC GMAC General Motors Acceptance Corporation
GMAC Graduate Management Admission Council
GMAC Give Me A Call
GMAC Genetic Manipulation Advisory Committee
GMAC Genetic Modification Advisory Committee (Singapore)
GMAC Give Me A Chance
 Mortgage and its sister company GMAC Homes Services, both part of the GMAC Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 organization, together with Homestore.com, Inc. (Nasdaqcom(TM) will provide web-based services to supps," said Mike O'Brien, chairman of GMAC Home Services.

"The powerful combination of GMAC's business opportunities and Homestore.com's position as the nation's leads on creating a unified customer experience regsed resource, for both real estate professionale division (formerly the Better Homes and Gardens Real Estate Network) is comprised of both the national franchise network and company-owned real estate brokerage companies, with more than 1,450 offices and 24,000 agents. GMAC Home Services has provided services to more than 2 million customers this year.

Homestore.com(TM) Background

Homestore.com(TM) (Nasdaq: HOMS) has the largest family of home and real estate related web sites with more than 2 million unique users each month. The family of web sites include REALTOR.com(R), the official Internet site of the National Association of Realtors The National Association of Realtors (NAR) is made up of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, and counselors, and others working in the real estate industry. , featuring approximately 1.36 million existing and new home listings and real estate agent and broker services; HomeBuilder.com(TM), the official new home site of the National Association of Home Builders The National Association of Home Builders (NAHB) is one of the largest trade associations in the United States. Headquartered in Washington, DC, the association organizes one of the largest conventions in North America, The International Builders' Show, which draws more than , offering more than 120,000 models, available new homes and plans from over 15,000 builders; SpringStreet.com(TM), providing consumers interested in renting a home with 6.9 million rental units in over 6000 cities; Remodel re·mod·el  
tr.v. re·mod·eled also re·mod·elled, re·mod·el·ing also re·mod·el·ling, re·mod·els also re·mod·els
To make over in structure or style; reconstruct.
.com(TM), meeting home improvement and maintenance needs for both consumers and remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure.

bone remodeling
 professionals; CommercialSource.com(TM), providing commercial real estate brokers access to national and international commercial property listings; and Homefair.com(TM), providing consumers with the leading moving and relocation site on the Internet.

This press release contains forward-looking information within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 created by those sections. Actual results may differ materially. The matters discussed in this press release also involve risks and uncertainties described from time to time in Homestore.com, Inc.'s filings with the Securities and Exchange Commission (SEC). In particular, see "Risk Factors" in the Final Prospectus Final Prospectus

A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors.

Notes:
The final prospectus must be given to every investor who purchases a new issue of registered securities.
 included in the Company's Registration Statement on Form S-1 declared effective by the SEC on August 4, 1999 (www.sec.gov).
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 8, 1999
Words:383
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