Overview
E-LOAN has E-LIMINATED its direct-to-consumer lending activities and now only provides access to CDs and savings accounts through its website. The struggling division of Banco Popular North America (BPNA) stopped issuing new auto, home, and other types of loans in 2008 after it faced significant losses amid illiquid credit markets, declining mortgage originations, and a spike in foreclosures. E-LOAN attempted to restructure itself in 2007 and it
...
Read More cut 40% of its workforce. But a year later, its parent company, Puerto Rico's Popular, began scaling back its US operations. All of E-LOAN'S functions were transferred to BPNA and Popular's processing unit, EVERTEC, in mid-2009.
Read Less
Read More cut 40% of its workforce. But a year later, its parent company, Puerto Rico's Popular, began scaling back its US operations. All of E-LOAN'S functions were transferred to BPNA and Popular's processing unit, EVERTEC, in mid-2009.
Read Less
Mark E Lefanowicz
See more contacts
Activities Related to Credit Intermediation
,
Nondepository Credit Intermediation
,
Credit Intermediation and Related Activities
,
Finance and Insurance
,
Mortgage brokers arranging for loans, using money of others
See All Industries Mortgage bankers and loan correspondents
See Fewer Industries
See All Industries Mortgage bankers and loan correspondents
See Fewer Industries
Agencies, Brokerages, and Other Insurance Related Activities
,
Depository Credit Intermediation
,
Insurance Carriers
,
Insurance and Employee Benefit Funds
,
Monetary Authorities-Central Bank
,
Nondepository Credit Intermediation
,
Other Financial Investment Activities
,
Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
?
?
?
Actual
?
Actual
#
Modelled
?
?
Contacts
Get in Touch with 1 Principals* and 3 Contacts
-
Mark E LefanowiczPresident and Chief Executive Officer
-
Contact 2?
-
Contact 3?
-
Contact 4?
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Data
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.