Bills.com Doubles Investment in Home-Account.com; Former Mint.com Director Goines Joins Advisory Board
Bills.com and Other Freedom Financial Network Sites to Offer Home-Account Mortgage Engine
SAN FRANCISCO (March 2, 2010) - Home-Account, Inc., an online mortgage-finding service designed to help America's 75 million borrowers save money and make smart mortgage choices, today announced the doubling of investment in its future by Bills.com and Bills.com's parent organization, Freedom Financial Network. Home-Account manages the recently-launched Refinance.com.
"We believe in the future of Home-Account.com, and look forward to becoming an OEM customer of the Home-Account Mortgage Engine," said Bradley Stroh, chief executive of Freedom Financial LLC. "The Home-Account Mortgage Engine is unquestionably the most powerful way for borrowers to find out if they qualify for a mortgage and what the best rate, term, and product is available to them in the marketplace. We will continue to integrate Home-Account's capabilities with our home-grown features in Bills.com and across the Freedom Financial Network."
At the same time, Home-Account announced Mark Goines, a former director and seed investor in Mint.com and a former executive at Intuit, Inc., has joined Home Account's Board of Advisors and made an unspecified angel investment in the firm. Mr. Goines was instrumental in the sale of Mint.com to Intuit and formerly ran Intuit's mortgage business before it was spun off as Quicken Loans.
"I'm impressed with the way Home-Account.com and Refinance.com start from the consumers' point of view to find the best available financing for them," Mr. Goines said. "I'm delighted to help their great team toward its bright future as a member of the Advisory Board."
Mark H. Goldstein, chief executive of Home-Account, Inc., commented: "The gathering momentum and success of Home-Account.com and Refinance.com illustrate the value of putting customers, not lenders, in control of the mortgage and refinancing process.
The growth of angel investment from Bills.com and the appointment of Mark Goines to our Advisory Board are further confirmation of our strategy of matching the best-in-class online mortgage engine with a smooth, smart, fast system that lets borrowers steer from beginning to end."
About Home-Account, Inc., and Refinance.com
Home-Account, Inc., is a mortgage-finding service designed to help America's 75 million borrowers save money and make smart mortgage choices. The service grades and analyzes borrowers' current mortgages, presents scenarios to improve their financial situation, and then matches each borrower to the best mortgage options in the market. Home-Account is based in San Francisco and has offices in Charlotte, N.C. The company is backed by Charles River Ventures, Rembrandt Ventures, and earlier received Silicon Valley angel funding from Marc Benioff, Jeff Clavier, Marc Pincus, Ron Conway, Freedom Financial LLC, David Rose, and others. For more information, please visit: www.home-account.com/or video: http://vimeo.com/6755779. Refinance.com is operated by Home-Account, Inc., which is licensing the Refinance.com URL.