E-Loan Closing Doors

EloanReal estate and mortgage blogs are beginning to report that E-Loan of Pleasanton, California will shut it’s doors on Jan. 9, 2009.

San Juan-based Popular, which is also Puerto Rico's largest bank, purchased E-Loan back in August of 2005 for around $300 million – just before the U.S. housing market turned south.

The continued challenges in the real estate, mortgage and financial industries may result in more Internet based service companies failing as worried consumers return to face-to-face relationships for more confidence in these challenging times.

This entry was posted in Buyers and tagged , . Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  • Local Community Information

    Find out more about the local community

  • Read Our Reviews on Yelp

    • Photo of Mike M.
      03/01/2011

      I've seen behind the curtain (so to speak) and as a person who might know a thing about tech I can honestly HIGHLY recommend the Harper Team based on their... Read More »

    • Photo of Terri P.
      06/16/2010

      My husband and have purchased 15 properties between us. In all the years of buying/selling real estate, the Harper Team is the cream of the crop of real... Read More »

    Powered by Yelp
  • Follow Our Progress

    • Danville Real Estate News
    • San Ramon Real Estate News
    • Read Our 5 Star Reviews on YelpFollow Us on Yelp
  • Our Blog Archives