DUBLIN, Calif. - E-Loan Inc., the on-line lending company, said it has started a mortgage application process it developed with the integration support of Freddie Mac's Loan Prospector tools.The process, using Freddie's automated underwriting system, offers borrowers instant loan approvals on-line, along with customized rates and real-time rate locks. E-Loan said the procedure is one of several on-line options offered to customers of Baldwin Real Estate Services, a real estate and mortgage brokerage headquartered in Arcadia, Calif.

MELVILLE, N.Y. - AppOnline.com Inc., a fast-growing Internet mortgage banker, said it has bought Arrowhead Mortgage Co., an on-line mortgage banker.AppOnline.com said the deal expanded its territory. Arrowhead is licensed in Ohio, Kentucky, Indiana, Kansas, Missouri, Colorado, Texas, and West Virginia. Terms of the transaction were not disclosed.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.