FiNet Announces Partnership With Ellie Mae ePass Business Center

Apr 19, 2001, 01:00 ET from FiNet.com, Inc.

    SAN RAMON, Calif., April 19 /PRNewswire/ --
 FiNet.com, Inc. (Nasdaq: FNCM), and its wholly owned subsidiary, Monument
 Mortgage, Inc., www.FiNet.com, "America's Home Finance Network," (the
 "Company") today announced that it has partnered with Ellie Mae, Inc. to
 become a participating lender on its ePass Business Center ("ePass").
     ePass provides brokers seamless access to the advanced mortgage services
 available on the Company's wholesale lending web site, www.monument.com.
 Through ePass, a broker will be able to quickly access the Company's real-time
 fully adjusted pricing tailored to a specific loan, instantly submit that
 loan, and lock interest rates without leaving their desktop loan origination
 system.  ePass is currently part of Ellie Mae's Genesis 2000(R) application,
 and will soon be a part of their Contour product line.
     This new relationship with Ellie Mae, in conjunction with the Company's
 existing partnership with Calyx Software, the makers of POINT(TM), expands the
 Company's reach directly to nearly 90% of all broker desktops in the country.
     "We're excited to be a part of Ellie Mae's efforts to create
 internet-based tools to help the mortgage industry become more efficient,"
 said Rick Cossano, President and CEO of FiNet.com, Inc.  "By offering our wide
 array of Alternative A and Conforming loan products directly to this new
 channel of broker desktops, we continue to take giant steps to become the
 leader in automated wholesale lending."
     Sig Anderman, President and CEO of Ellie Mae, said, "We are extremely
 pleased to be partnering with FiNet.  Their innovation and expertise as an
 automated mortgage conduit will prove to be of tremendous value to the brokers
 who utilize our site."
 
     About FiNet.com
     FiNet.com, Inc., through its wholly owned subsidiaries (the "Company") is
 a leading e-commerce provider of financing services that facilitate home
 ownership, including a variety of technology and loan products and automated
 services for mortgage broker businesses and for consumers.  The Company offers
 online solutions to mortgage broker businesses through Monument Mortgage at
 www.monument.com and residential financial services directly to consumers at
 www.finet.com.
 
     About Ellie Mae(SM)
     Ellie Mae, Inc., headquartered in Pleasanton, Calif., is the leading
 Internet enabler for the mortgage brokerage industry and the largest Loan
 Origination Software (LOS) provider in the U.S.  Offering brokers the ePASS
 (electronic Pricing And Submission System) Business Center, a B2B e-commerce
 platform, as well as customized Web sites, hosting services, and LOS packages,
 Ellie Mae enables mortgage originators to harness the power of the Internet,
 giving them a competitive advantage in the fast changing residential mortgage
 arena.  For additional information, visit www.elliemae.com or call
 877-355-4362.
 
     Safe Harbor
     Certain statements in this press release including statements regarding
 the anticipated development and expansion of the Company's business, and the
 intent, belief or current expectations of the Company, its directors or its
 officers, are "forward-looking" statements (as such term is defined in the
 Private Securities Litigation Reform Act of 1995).  Because such statements
 are subject to risks and uncertainties, actual results may differ materially
 from those expressed or implied by such forward-looking statements.
 
 

SOURCE FiNet.com, Inc.
    SAN RAMON, Calif., April 19 /PRNewswire/ --
 FiNet.com, Inc. (Nasdaq: FNCM), and its wholly owned subsidiary, Monument
 Mortgage, Inc., www.FiNet.com, "America's Home Finance Network," (the
 "Company") today announced that it has partnered with Ellie Mae, Inc. to
 become a participating lender on its ePass Business Center ("ePass").
     ePass provides brokers seamless access to the advanced mortgage services
 available on the Company's wholesale lending web site, www.monument.com.
 Through ePass, a broker will be able to quickly access the Company's real-time
 fully adjusted pricing tailored to a specific loan, instantly submit that
 loan, and lock interest rates without leaving their desktop loan origination
 system.  ePass is currently part of Ellie Mae's Genesis 2000(R) application,
 and will soon be a part of their Contour product line.
     This new relationship with Ellie Mae, in conjunction with the Company's
 existing partnership with Calyx Software, the makers of POINT(TM), expands the
 Company's reach directly to nearly 90% of all broker desktops in the country.
     "We're excited to be a part of Ellie Mae's efforts to create
 internet-based tools to help the mortgage industry become more efficient,"
 said Rick Cossano, President and CEO of FiNet.com, Inc.  "By offering our wide
 array of Alternative A and Conforming loan products directly to this new
 channel of broker desktops, we continue to take giant steps to become the
 leader in automated wholesale lending."
     Sig Anderman, President and CEO of Ellie Mae, said, "We are extremely
 pleased to be partnering with FiNet.  Their innovation and expertise as an
 automated mortgage conduit will prove to be of tremendous value to the brokers
 who utilize our site."
 
     About FiNet.com
     FiNet.com, Inc., through its wholly owned subsidiaries (the "Company") is
 a leading e-commerce provider of financing services that facilitate home
 ownership, including a variety of technology and loan products and automated
 services for mortgage broker businesses and for consumers.  The Company offers
 online solutions to mortgage broker businesses through Monument Mortgage at
 www.monument.com and residential financial services directly to consumers at
 www.finet.com.
 
     About Ellie Mae(SM)
     Ellie Mae, Inc., headquartered in Pleasanton, Calif., is the leading
 Internet enabler for the mortgage brokerage industry and the largest Loan
 Origination Software (LOS) provider in the U.S.  Offering brokers the ePASS
 (electronic Pricing And Submission System) Business Center, a B2B e-commerce
 platform, as well as customized Web sites, hosting services, and LOS packages,
 Ellie Mae enables mortgage originators to harness the power of the Internet,
 giving them a competitive advantage in the fast changing residential mortgage
 arena.  For additional information, visit www.elliemae.com or call
 877-355-4362.
 
     Safe Harbor
     Certain statements in this press release including statements regarding
 the anticipated development and expansion of the Company's business, and the
 intent, belief or current expectations of the Company, its directors or its
 officers, are "forward-looking" statements (as such term is defined in the
 Private Securities Litigation Reform Act of 1995).  Because such statements
 are subject to risks and uncertainties, actual results may differ materially
 from those expressed or implied by such forward-looking statements.
 
 SOURCE  FiNet.com, Inc.