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E-LOAN, Inc. (EELN) Message Board

  • glastinvest glastinvest Aug 2, 2004 9:00 AM Flag

    conference call

    Just in case you missed it, it clinched my sell order last week. head count in home equity is up ,while volume is down .The loan consultants make "pracically nothing in base salary" which means they are on commission just like every other loan broker in the world....there is no business model here that takes advantage of the net and if you price eloans mortgage products on bankrate they are middle to high on rates ,no price advantge. sentiment= strong sold