Industry News

E-Loan boosts quarterly earnings

2004 profits sink on shrinking refinance market
Published on Feb 17, 2005

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Online consumer-direct lender E-Loan today reported $36.2 million in fourth-quarter revenue, up 36 percent from the same period the previous year. Net income was $1 million, or 2 cents a share, up from $200,000 reported in the fourth quarter 2003. ...