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e-Net Financial.com Corp. Subsidiary Obtains Record Sales In March 2001
COSTA MESA, Calif., Apr 24, 2001 (BUSINESS WIRE) -- Vince Rinehart, president
and CEO of e-Net Financial.com Corp. (OTCBB: ENNT) announced that American
Residential Funding Inc., a wholly owned subsidiary of e-Net Financial.com,
completed a record month in terms of loan production.
Rinehart stated: "The first three months of calendar 2001 have been very strong
for American Residential Funding. We have continued to expand the number of
states we are conducting business in as well as opening a number of additional
branches. This expansion, along with the positive trends in the interest rates
have fueled our sales growth."
Jeff Hemm, president of American Residential Funding stated: "In the month of
March alone, we added 18 new branch operations and achieved an increase in
production (total value of loans closed) of 175% compared to March of 2000. We
experienced similar increases in January and February of this year as both
months showed increases of over 100% when compared to the previous year."
In addition, Bravorealty.com, a majority-owned subsidiary of e-Net Financial.com
launched in late December of 2000, has steadily increased its agent base and is
now fully operational and completing transactions.
David Villarreal, president of Bravorealty.com, stated: "We are pleased with the
progress of `BRAVO` to date. The interest level we are experiencing from the
industry as a whole, and from agents wanting to become part of the
Bravorealty.com team, in our opinion reinforces and validates our business
model."
e-Net Financial.com Corp. Subsidiary Obtains Record Sales In March 2001
COSTA MESA, Calif., Apr 24, 2001 (BUSINESS WIRE) -- Vince Rinehart, president
and CEO of e-Net Financial.com Corp. (OTCBB: ENNT) announced that American
Residential Funding Inc., a wholly owned subsidiary of e-Net Financial.com,
completed a record month in terms of loan production.
Rinehart stated: "The first three months of calendar 2001 have been very strong
for American Residential Funding. We have continued to expand the number of
states we are conducting business in as well as opening a number of additional
branches. This expansion, along with the positive trends in the interest rates
have fueled our sales growth."
Jeff Hemm, president of American Residential Funding stated: "In the month of
March alone, we added 18 new branch operations and achieved an increase in
production (total value of loans closed) of 175% compared to March of 2000. We
experienced similar increases in January and February of this year as both
months showed increases of over 100% when compared to the previous year."
In addition, Bravorealty.com, a majority-owned subsidiary of e-Net Financial.com
launched in late December of 2000, has steadily increased its agent base and is
now fully operational and completing transactions.
David Villarreal, president of Bravorealty.com, stated: "We are pleased with the
progress of `BRAVO` to date. The interest level we are experiencing from the
industry as a whole, and from agents wanting to become part of the
Bravorealty.com team, in our opinion reinforces and validates our business
model."
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