Move and Bankrate Partnership Gives New Meaning to One-Stop-Shopping
06 Setembro 2007 - 10:15AM
PR Newswire (US)
Largest Online Collection of Real Estate Listings, Mortgage
Lenders, Moving Resources LOS ANGELES, Sept. 6
/PRNewswire-FirstCall/ -- To help consumers navigate conditions in
today's lending industry, Move Inc., (NASDAQ:MOVE) and Bankrate
Inc., (NASDAQ:RATE) recently signed an agreement offering
up-to-the-minute access to Bankrate's vast array of
mortgage-related resources to the more than 9 million consumers
visiting the Move network of sites each month. Consumers on
Move.com will now have access to the largest inventory of online
real estate listings, complete moving services, the nation's most
comprehensive directory of mortgage brokers and up-to-the-minute
mortgage and home equity rate data. Consumers can access Bankrate
mortgage-related resources within the Move.com Home Finance
channel. "Buying a home is one of the biggest investments most
people make," says Prem Luthra, senior vice president of consumer
media at Move, Inc. "By combining the expertise and full array of
services of Move and Bankrate, consumers have immediate access to
the resources they need on one site to make smarter, faster
decisions about the right loan for their needs." The large number
of mortgage options and complexity of the process often leave
consumers confused and unsure. Rate tables are a helpful tool
allowing consumers to search for, sort and compare mortgages by
criteria most relevant to their needs such as specific lenders,
interest rates or fees. Rate tables also offer more clarity into
the lending and mortgage process and provide consumers with the
information they need to make informed decisions based on accurate
and practical comparisons "Our rate tables are designed to give
consumers the ability to compare mortgage products, interest rates
and fees, so they can find the ideal loan to meet their particular
needs," said Bankrate President and CEO, Thomas R. Evans. "Visitors
to Move.com now have the ability to enter their geographic
location, their loan amount and the points they wish to pay to
receive a list of lenders providing mortgages in their area."
Through this new agreement, Bankrate will also post how-to advice
and articles on the Move web site. Article subjects will range from
home equity loans and tips on how to find the right lender to
pitfalls on sub prime mortgages and what lenders look for in
creditworthiness. Consumers can access Bankrate mortgage-related
resources within the Move.com Home Finance channel at
http://finance.move.com/homefinance/mortgages/default.asp?source=a77006.
About Bankrate, Inc. Bankrate, Inc. (NASDAQ:RATE) ("Bankrate") owns
and operates Bankrate.com, a leading Internet consumer banking
marketplace. Bankrate.com is a destination site of personal finance
channels, including banking, investing, taxes, debt management and
college finance. Bankrate is the leading aggregator of more than
300 financial products, including mortgages, credit cards, new and
used auto loans, money market accounts and CDs, checking and ATM
fees, home equity loans and online banking fees. Bankrate reviews
more than 4,800 financial institutions in 575 markets in 50 states.
In 2006, Bankrate.com had nearly 53 million unique visitors.
Bankrate provides financial applications and information to a
network of more than 75 partners, including Yahoo! (NASDAQ:YHOO),
America Online (NYSE:TWX), The Wall Street Journal (NYSE:DJ) and
The New York Times (NYSE:NYT). Bankrate's information is also
distributed through more than 400 national and state publications.
In addition to Bankrate.com, Bankrate also owns and operates
Bankrate Select, an Internet lead aggregator and Mortgage Market
Information Services, Inc. and Interest.com, Inc., each of which
publishes mortgage guides and financial rates and information.
ABOUT MOVE, INC. Move, Inc. (NASDAQ:MOVE), the leading online
network of websites for real estate search, finance, and moving, is
the essential resource for consumers seeking the information and
connections they need before, during and after a move. Move, Inc.,
operates Move.com(TM) (http://www.move.com/), a leading destination
for information on new homes and rental listings, moving, home and
garden and home finance; REALTOR.com(R) (http://www.realtor.com/),
the official Web site of the National Association of REALTORS(R);
Welcome Wagon(R) (http://www.welcomewagon.com/); Moving.com;
SeniorHousingNet(TM); TOP PRODUCER(R) Systems;
FactoryBuiltHousing.com; and Home Plans. Move, Inc. is based in
Westlake Village and employs more than 1600 individuals throughout
North America. For more information: http://www.move.com/. This
press release may contain forward-looking statements, including
information about management's view of Move's future expectations,
plans and prospects, within the safe harbor provisions under The
Private Securities Litigation Reform Act of 1995. These statements
involve known and unknown risks, uncertainties and other factors
which may cause the results of Move, its subsidiaries, divisions
and concepts to be materially different than those expressed or
implied in such statements. These risk factors and others are
included from time to time in documents Move files with the
Securities and Exchange Commission, including but not limited to,
its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or
unpredictable factors also could have material adverse effects on
Move's future results. The forward-looking statements included in
this press release are made only as of the date hereof. Move cannot
guarantee future results, levels of activity, performance or
achievements. Accordingly, you should not place undue reliance on
these forward-looking statements. Finally, Move expressly disclaims
any intent or obligation to update any forward-looking statements
to reflect subsequent events or circumstances. DATASOURCE: Move,
Inc. CONTACT: Bruce J. Zanca, SVP, Chief Marketing and
Communications Officer of Bankrate, Inc., +1-917-368-8648, ; or
Kristina Levsky of The Rogers Group, +1-310-552-4137, , for Move,
Inc., or Julie Reynolds of Move Inc., +1-805-557.3080, Web site:
http://www.move.com/
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