Mortgage Select Announces Three New Partnership Agreements

Business Wire, Nov 12, 1999

NEW YORK--(BUSINESS WIRE)--Nov. 12, 1999--

Consumer-friendly Mortgage Information, Service

Links Opened on the Web

MortgageSelect.com (www.mortgageselect.com) today announced three new strategic partnership agreements that expand the Internet-based firm's presence as a leading on-line mortgage provider.

Finding the best schools and mortgage rates at a single site

Through a new alliance announced today, MortgageSelect.com will provide mortgage pre-approval and origination services to Internet users that visit the 2001BEYOND.COM Web site (www.2001beyond.com ) or access their reports from their various partners sites. 2001BEYOND.COM is a leader in interactive relocation, community, and school information services.

As relocating consumers check ratings and facilities of both public and private schools at the 2001BEYOND.COM site, banners linked to MortgageSelect.com tools will assist them in evaluating home finance conditions, shopping for and locking-in rates, calculating payments, and applying for home loans - all online.

Jan Anton, CEO of 2001BEYOND.COM said, "This new strategic alliance creates a win-win situation for all parties - especially for relocating consumers who are looking for both the best schools and the best mortgage rates in the marketplace."

Finding foreclosed properties and the mortgages to buy them

Real Estate Library's foreclosure information Web site (foreclosurenet.net) has selected MortgageSelect.com as its exclusive mortgage service provider. Using its E-branch concept, MortgageSelect.com will provide a co-branded lending environment that will allow buyers the option of speaking to loan officers that have been specially trained in the foreclosure market. Todd Beitler, president and CEO of Real Estate Library said, "Our two companies' alliance is a result of Real Estate Library's interest in providing greater value and additional features to our customers and attracting more visitors to our Web site. We believe our selection of MortgageSelect.com is a good one, based on their excellent record of customer service and follow-through."

Best mortgage rates, best mortgage services online

MortgageSelect.com has also teamed with Mortgage Telisis, Inc., to offer a co-branded consumer environment on the latter's Web site (www.MTiRates.com)).

Through newspaper ads in over 20 major newspapers such as The New York Times and Investors Business Daily, mortgage rate charts provided by Mortgage Telisis direct readers to their Website. The co-branded environment on every rate page enables consumers to compare competitors' rates and then choose MortgageSelect.com.

Charles Christensen, CEO and Founder of Mortgage Telisis, said, "We are proud of this new partnership and believe it offers consumers the comparative information they want and need."

Ron Taylor, senior vice president for Electronic Commerce at MortgageSelect.com added, "Each of these new partnerships represents another significant step toward reaching more of our target audience early in the mortgage process. The result is a meaningfully increased ability to deliver loans to purchasers via user-friendly channels that are, themselves, linked to the mortgage information and relocation search process."

About 2001BEYOND.COM

San Diego-based 2001BEYOND.COM provides the largest school databases of kindergarten through 12th grade information on the Internet, covering both public and private schools. 2001BEYOND.COM provides a variety of services to individual real estate agents and real estate offices through annual subscriptions. In addition to its new marketing relationship with MortgageSelect.com, the firm maintains alliances with HomeSeekers.com, various newspaper sites, and other related real estate Web sites.

2001BEYOND.COM launched its Web site in July 1997 in all major markets. For more information, contact Jan Alton at (888)-457-2001or e-mail jan@2001beyond.com.

About Real Estate Library

Based in Boca Raton, Florida, Real Estate Library is dedicated to helping consumers find alternative ways to buy real estate properties and save money. The company started as a publishing company for consumer-based information, producing statewide directories and magazines, as well as serving as a source of books and courseware for the consumer.

Known as innovators of products and a leader in the industry, Real Estate Library introduced the world's first free foreclosure magazine. All of its real estate libraries have been on the Internet since 1996. For more information, contact Todd Beitler at (561) 995-7550.

About Mortgage Telisis, Inc.

Based in Sausalito, California, Mortgage Telisis, Inc. was founded in 1995 to help consumers shop competitive mortgage rates easier, faster and more conveniently. The company's rate charts are featured in newspapers that reach over 10 million readers per week.

With a goal to stay on the cutting edge by creating new and innovative avenues that direct traffic to their Web site, Mortgage Telisis' newest innovation is a realtime interactive option enabling Internet-active consumers to communicate with the vendor via chats on the World Wide Web. For more information, contact Randee Goldman at (888) 684-9371, e-mail: goldrandee@aol.com.