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Home » Store » News » Quicken Sale Points to E-Lending Woes

Quicken Sale Points to E-Lending Woes

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The sale of QuickenLoans by Intuit Inc. underscores the difficulty of doing mortgages on the web. “Intuit found out that the economics of selling mortgages over the Internet are quite different from selling financial software to the consumer and small-business markets via retail and online distribution channels,” said TowerGroup analyst Craig Focardi.
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