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Article: In Brief: $278 Million Transfer for E-Trade Bank.(Brief Article)
- Article from:
- American Banker
- Article date:
- December 7, 2001
CopyrightCOPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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E-Trade Group Inc. announced Thursday that E-Trade Bank had transferred into the Web bank's portfolio $278.6 million of the $1.4 billion in mortgage loans originated in October and November by E-Trade Mortgage.
"By directly originating through E-Trade Mortgage, E-Trade Bank is able to generate optimal yields on superior ...
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