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Article: E*TRADE Bank Funds More Than $2 Billion New Mortgages Through E*TRADE Mortgage.

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PR Newswire
Article date:
July 30, 2001
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Leading Online Mortgage Originator More Than Doubles Volumes in Less Than Two

Months Through Integration With Nation's Largest Pure-Play Internet Bank

ARLINGTON, Va., July 30 /PRNewswire/ --

E*TRADE Bank, the nation's largest pure-play Internet bank and a wholly-owned subsidiary of E*TRADE Group, Inc. (NYSE: ET), today announced its latest milestone, funding more than $2 billion in mortgage originations since E*TRADE's February 2001 acquisition of E*TRADE Mortgage, one of the nation's largest online retail mortgage originators. First crossing the $1 billion milestone in late May 2001, the total volume of loans originated by E*TRADE Mortgage and ...

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