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Credit Scorning

Frontier -- In Box

Credit Scorning

Financial websites can't buy a break. is under reconstruction and CapitalThinking is thinking again. Both hoped to eliminate mortgage brokers' fees by using the Web to link commercial real estate financiers with small-biz customers. But the borrowers never materialized: It turns out they're happy to pay a fee to guarantee their loan will close. So now the sites are trying to sell their technology to lenders. While the brokering sites regroup, online bank which also planned to court small business--is seeking a buyer before even clearing all regulatory hurdles. The live loan agent may not be ready for the tar pit after all.Edited by Kimberly Weisul

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