In Brief: Intuit Unit, On-Line Rival in Referral Pact

Intuit's QuickenMortgage said Wednesday that it has a pact that will enable it to refer subprime borrowers to a rival on-line mortgage company, mortgage.com.

Under the arrangement, mortgage.com of Plantation, Fla., would process and fund the loans and sell them to subprime specialists in its network. Quicken does not have specialty subprime lenders in its own network.

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