Industry News

E-Loan’s profit more than doubles

Online consumer-direct lender to be acquired by Puerto Rico bank
Published on Aug 9, 2005

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by CareyBot

Online consumer-direct lender E-Loan this morning said its profit more than doubled in the second quarter of 2005, thanks to an increase in revenue despite a drop in loan volume. The Pleasanton, Calif.-based lender is being acquired by Popular, Puerto ...