In Brief: IndyMac Tops Gomez Online Lending Chart

August 25, 2000, 1:00 a.m. EDT 1 Min Read

LINCOLN, Mass. -- LoanWorks.com, IndyMac Bancorp's online mortgage lending site, led the pack in Gomez Advisors' fall online mortgage rankings, jumping from the No. 7 spot in the summer rankings and No. 19 in the spring.

Pasadena, Calif.,-based LoanWorks beat out a strong list of challengers, besting industry heavyweights such as E-Loan, Quicken, and Countrywide Credit Industries Inc. as well as 20 other Internet mortgage companies.

"We are pleased with our No. 1 ranking," said Michael Perry, chief executive officer of IndyMac. LoanWorks earned the coveted Gomez WebStar, given to e-commerce companies that rank No. 1 in their industries.

After LoanWorks, the top 10 included E-Loan, LoansDirect, Infoloan.com, Mortgagebot.com, Quicken Loans, Mortgage.com, InstaMortgage.com, Countrywide Home Loans, and MortgageIT.com at No. 10.

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