| Business Summary | | AppOnline.com,
Inc.
provides
mortgage
banking
services
both
online
and
through
a
national
network
of
branches.
The
Company's
online
operation
is
conducted
via
www.AppOnline.com
and
allows
consumers
to
apply
quickly
and
easily
for
mortgage
loans
online
directly
from
an
experienced
mortgage
banker.
The
Company's
"bricks
and
mortar"
operations
are
conducted
primarily
through
its
subsidiary,
Island
Mortgage
Network,
Inc.,
which
has
58
offices
nationwide.
The
Company
offers
consumers
a
wide
range
of
mortgage
loans
from
conventional
to
sub-prime.
The
Company
is
licensed
to
do
business
in
48
states
and
the
District
of
Columbia. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AppOnline.com,
Inc.
provides
mortgage
banking
services
both
online
and
through
a
national
network
of
58
branches
through
its
subsidiary,
Island
Mortgage
Network,
Inc.
For
the
three
months
ended
3/31/00,
total
revenues
rose
22%
to
$10.7
million.
Net
loss
applicable
to
Com.
totalled
$3.8
million
vs.
an
income
of
$114
thousand.
Results
benefitted
from
the
entry
into
the
Internet
Market
and
several
acquisitions
in
1999.
Loss
reflects
costs
related
with
entry
into
the
Internet
Market. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Edward Capuano, 53 Chairman,
CEO | $173K | Jeffrey Skulsky, 50 Pres | 127K | Cindy Eisle, 34 CFO
and Treasurer | -- | James Richmond, 53 Exec.
VP | 132K | James Britton, 52 Sr.
VP | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|