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Cleveland Cavaliers sold for $375 million

...375 million by the founder of the nation's largest online mortgage company, who acquires a team that has surged from...invested $5,000 - his life savings - to launch the online mortgage business Rock Financial. In 1998, he sold the company...

http://chronicle.augusta.com/stories/2005/01/04/nba_438956.shtml
NBA
Buyers wary of loans on Internet

...old-fashioned route: visiting a mortgage loan officer. The online mortgage boom "hasn't happened because of the complexity...likely to do other things online, like mortgages." Online mortgage sites offer borrowers the opportunity to fill out...

http://chronicle.augusta.com/stories/2004/07/14/bus_422083.shtml
Business
Mortgage refinancing heating up

...Harris, chief executive of Lowestloan.com, an online mortgage company based in Valhalla, N.Y. "The next day...publisher of mortgage and consumer loan information. Most online mortgage lenders also have calculators. The savings from a...

http://chronicle.augusta.com/stories/2001/03/19/bus_308328.shtml
Business
Homeowners refinance to fixed-rate mortgages

...short-term loans, while the rates on long-term debt remained flat. Jim Svinth, the chief economist at LendingTree, an online mortgage marketplace based in Charlotte, N.C., said he's been seeing a surge in refinancing of adjustable-rate mortgages...

http://chronicle.augusta.com/stories/2007/01/07/fin_111428.shtml
Finance
Good question

...at your current rate and monthly costs and compare them to rates and costs now available. A number of lenders have online mortgage calculators that can help you do this. By way of example, a $135,000 loan at 8 percent equates to $991 a month...

http://chronicle.augusta.com/stories/2001/11/12/bus_325898.shtml
Business
Credit scores help consumers evaluate ability to get loans

...maintained by Atlanta-based Equifax Inc., the nation's largest credit reporting agency. In April, E-Loan, the online mortgage site at www.eloan.com, began giving away an alternative score, prepared by CreditXpert Inc. of Hunt Valley...

http://chronicle.augusta.com/stories/2001/05/14/bus_312784.shtml
Business
First purely online banking-brokerage company approved

...online stock brokerage but has been trying to diversify. The company already sells mutual funds and has a venture with online mortgage provider E-Loan Inc. that allows ETrade's customers to apply for home mortgages on the Internet. Established...

http://chronicle.augusta.com/stories/2000/01/12/tec_278973.shtml
XXX Technology
Gilbert ready to take over Cavaliers

...don't know anything better." Gilbert, founder of Livonia, Mich.-based Quicken Loans, the nation's largest online mortgage company, finalized his deal to buy the Cavaliers and the controlling rights to their downtown arena from Gund on...

http://chronicle.augusta.com/stories/2005/03/01/nba_445718.shtml
NBA
Mortgage lenders getting more creative as business wanes

...only the interest on the total amount borrowed and in many cases only pay principal after a prescribed period. Under online mortgage lender Quicken Loans' latest loan program, the borrower is required to pay only interest on the loan for the first...

http://chronicle.augusta.com/stories/2004/05/25/bus_416677.shtml
Business
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