Internet-based mortgage broker E-LOAN and online financial company StockMaster announced this week the launch of a co-branded mortgage center.
Under terms of the agreement, the mortgage center is located on
StockMaster’s site, and E-LOAN is its exclusive mortgage broker. The
co-branded site is intended to provide direct access to leading national
and regional mortgage lenders and users can apply for and obtain a loan
online, as well as track a loan’s progress with the E-Track loan tracking
system.
Financial terms were not disclosed.
“Expanding our offering to incorporate mortgage services furthers
our mission to empower the individual investor by helping them track
and manage their entire balance sheet–investments and debt–via
the Internet,” said Mark Torrance, president and CEO of StockMaster.
“Now our investor community will have E-LOAN monitoring the
entire mortgage marketplace and get them closer to the capital
markets, which will help them get better rates and make more informed
loan decisions.”