CBS Evening News for Tuesday, Oct 02, 1984
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(Studio) Report introduced
REPORTER: Dan Rather
(Cherry Hill, New Jersey) Nationwide computer network linking prospective home buyers with various mortgage services available examined; Shelternet and LoanExpress cited as exs. [National Association of Realtors spokesperson Peter HARKINS - notes implications for buyers and lenders.] Econ. implications for buyers explained; savings realized by Bill Campbell cited as example Extent of Shelternet's national listings described. Critics' claim that computer system is conflict of ints. for realtors discussed. [New Jersey Mortgage Bankers Association spokesperson E. Robert LEVY - explains his opposition.] [Shelter Mortgage spokesperson Fred PASSEY - disagrees.]
REPORTER: Jane Bryant Quinn
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