Document:

Exhibit 10.12

            FIRST AMENDMENT TO AUTO LOAN PURCHASE AND SALE AGREEMENT

THIS FIRST AMENDMENT ("Amendment") to the AUTO LOAN PURCHASE AND SALE AGREEMENT
("Agreement") dated and effective May 1, 2000 by and between E-LOAN, Inc.
("E-LOAN") and WELLS FARGO BANK, N.A. - Auto Finance Group ("Wells Fargo") is
entered into and effective this 23d day of January, 2001:

FOR GOOD AND VALUABLE CONSIDERATION the receipt and sufficiency of which is
expressly acknowledged by the parties hereto, E-LOAN and Wells Fargo agree as
follows:

1. Section 1.3 of the Agreement is altered to read as follows:

     1.3 ACCEPTANCE. On or before the Offer Expiration Date set forth on EXHIBIT
A, Correspondent shall, in its sole discretion, accept or reject such offer, and
shall inform E-LOAN of its decision. In determining whether to accept or reject
an Offer, Corespondent shall apply the Purchase Criteria to each Loan offered
for sale. If Correspondent accepts an Offer, Correspondent shall transmit to
E-LOAN a Confirmation with respect to each prospective Loan to be purchased. The
Confirmation shall include the information set forth on Exhibit C, and shall
include a clear description of the conditions that must be met in order for
Correspondent to purchase the Loan. Transmission of a Confirmation shall
constitute acceptance of E-LOAN's Offer, and Correspondent shall be obligated to
purchase the prospective Loan, provided that all conditions set forth in the
Confirmation are met and the Loan is funded by E-LOAN prior to expiration of the
Confirmation. If E-LOAN does not fund a prospective Loan and fulfill all
conditions set forth in the Confirmation within sixty (60) days of E-LOAN's
receipt of the Confirmation ("Offer Expiration Date"), the Confirmation shall
expire, and Correspondent shall have no obligation to purchase a Loan. E-LOAN
agrees that it will not offer for sale to any person other than Correspondent
any Loan for which a Confirmation has been issued and is outstanding. Upon
expiration of a Confirmation, E-LOAN shall be free to sell or offer to sell the
subject Loan to any other person. In the absence of a Confirmation issued by
Correspondent with respect to a Loan, Correspondent is not obligated to purchase
any Loan offered for sale by E-LOAN.

     2. Exhibit G and the Additional Compensation section of Exhibit E are
deleted in their entirety. The revised Additional Compensation section of
Exhibit E is as follows:

                                    [GRAPHIC]

E-Commerce Division

E-LOAN PRICING MODEL

Output

[*]

<PAGE>

                                                                   Exhibit 10.12

The Agreement is hereby modified and amended to incorporate the terms and
conditions set forth herein, which shall supersede and prevail over any
conflicting terms of the Agreement. Except for this changes set forth above, all
of the terms and conditions of the Agreement shall remain in full force and
effect.

WELLS FARGO BANK, N.A. - Auto Finance Group    E-LOAN, INC.

                                               By:   /S/ STEPHEN M. HERZ
                                               --------------------------
By:   /S/ ILLEGIBLE                            Authorized Signature
      ---------------------------------------- Name:  Stephen M. Herz
      Authorized Signature                     Title: SVP Consumer Loans
Name:  Paul Tsang
Title:  Vice President

                                               By:   /S/ MATT ROBERTS
                                               --------------------------
                                                     Authorized Signature
                                               Name:  Matt Roberts
                                               Title:  CFO
                                      -2-Exhibit 10.13

                         THIRD AMENDED AND RESTATED NOTE

U.S. $55,000,000                                  Originally Issued June 24,1998
                                        Amended and Restated as of April 26,1999
                                Further Amended and Restated as of July 28, 1999
                                Further Amended and Restated as of March 1, 2001

         FOR VALUE RECEIVED, E-LOAN, INC., a corporation organized and existing
under the laws of Delaware (the "Borrower"), hereby promises to pay to the order
of COOPER RIVER FUNDING INC., a Delaware corporation (the "Lender"), in lawful
money of the United States of America in immediately available funds on the
Expiry Date (as defined in the Warehouse Credit Agreement) the principal sum of
FIFTY FIVE MILLION United States dollars ($55,000,000), or, if less, the
aggregate unpaid principal amount of all Advances (as defined in the Warehouse
Credit Agreement) made by the Lender to the Borrower pursuant to the Warehouse
Credit Agreement.

         The Borrower promises also to pay interest on the unpaid principal
amount of each Advance from the date such Advance is made until paid in full, at
the interest rates, and at the times, as specified in the Warehouse Credit
Agreement.

         This Note is the Note referred to in the Warehouse Credit Agreement,
dated as of June 24, 1998, as amended (as so amended, the "Warehouse Credit
Agreement"), among the Borrower, the Lender and GE Capital Mortgage Services,
Inc., as Agent, and is entitled to the benefits thereof. This Note is secured by
the Warehouse Security Agreement.

         This Note is subject to mandatory prepayment as provided in Section
4.02 of the Warehouse Credit Agreement and, in case an Event of Default (as
defined in the Warehouse. Credit Agreement) shall occur and be continuing, the
principal of and accrued interest on this Note may be declared to be due and
payable in the manner and with the effect provided in the Warehouse Credit
Agreement.

         The Borrower hereby waives diligence, presentment, protest, demand or
notice of every kind in connection with this Note.

         This Note amends, restates and supersedes a Note in the principal
amount of $50,000,000 payable to the order of the Lender dated as of July 28,
1999 (the "Second Restated Note"), which amended, restated and superceded a Note
in the principal amount of $25,000,000 payable to the order of the Lender dated
as of April 26, 1999 (the "Restated Note"), which amended, restated and
superceded a Note in the principal amount of $15,000,000 payable to the order of
the Lender dated June 24, 1998 (the "Original Note"). However, without
duplication, this Third Restated Note shall in no way extinguish the Borrower's
unconditional obligation to repay all indebtedness evidenced by the Second
Restated Note, the Restated Note and/or the Original Note.

         THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAW
OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS.

                            E-LOAN, INC.

                            By:/S/ STEVEN M. MAJERUS
                               ---------------------------------
                            Name:  Steven M. Majerus
                            Title:  Vice President - Secondary MarketingExhibit 10.14

                          TENTH MODIFICATION AGREEMENT

     THIS MODIFICATION AGREEMENT (the "Agreement") is made as of the 1st day of
March, 2001, by and among E-LOAN, INC. (the "Borrower"), COOPER RIVER FUNDING
INC. (the "Lender") and GE CAPITAL MORTGAGE SERVICES, INC. (the "Agent").

                                   BACKGROUND

     The Borrower, the Lender and the Agent entered into a Warehouse Credit
Agreement dated as of June 24, 1998, as amended (as so amended, the "Warehouse
Credit Agreement") pursuant to which the Lender agreed to make advances (the
"Advances") to the Borrower in accordance with the provisions of the Warehouse
Credit Agreement. All capitalized terms used herein and not otherwise defined
shall have the meanings set forth in the Warehouse Credit Agreement.

     The Advances are evidenced by the Borrower's Second Amended and Restated
Note dated as of July 28, 1999 (the "Note") in the stated principal amount of
$50,000,000 and secured by, among other things, a Warehouse Security Agreement
dated as of June 24, 1998, as amended (as so amended, the "Warehouse Security
Agreement") between the Borrower and the Agent granting the Agent a security
interest in certain of the Borrower's assets.

     The Borrower has requested that the Lender temporarily increase the amount
of the Lender's commitment and make certain other modifications to the terms of
the Warehouse Credit Agreement, and the Lender and the Agent have agreed to such
modifications subject to the terms and conditions of this Agreement.

     NOW, THEREFORE, the parties hereto, intending to be legally bound hereby,
agree as follows:

     1. WAREHOUSE CREDIT AGREEMENT. The Warehouse Credit Agreement is hereby
amended as follows:

          (a) The definition of "Commitment" contained in Section 1.01 of the
     Warehouse Credit Agreement is amended to read in full as follows:

                           ""COMMITMENT" shall mean the obligation of the Lender
                  to make Advances in an aggregate principal amount outstanding
                  at any time from March 1, 2001 through March 15, 2001 not to
                  exceed $55,000,000, and in an aggregate principal amount
                  outstanding at any time after March 15, 2001 not to exceed
                  $50,000,000."

          (b) Clause (5) of Section 2.01 of the Warehouse Credit Agreement is
     amended to read in full as follows:

<PAGE>

                                                                   Exhibit 10.14

                  "(5) the aggregate principal amount of Advances outstanding at
                  any time secured by Eligible Nonconforming Mortgage Loans
                  shall not exceed $10,000,000 (the "Nonconforming Commitment")
                  (PROVIDED, HOWEVER, that from March 1, 2001 through March 15,
                  2001, the Nonconforming Commitment shall be increased to
                  $11,000,000),"

          (c) Clauses (10) and (11) of Section 2.01 of the Warehouse Credit
     Agreement is amended to read in full as follows:

                  "(10) the aggregate principal amount of Advances outstanding
                  at any time secured by Eligible HELOCs shall not exceed
                  $10,000,000 (the "HELOC Commitment") (PROVIDED, HOWEVER, that
                  from March 1, 2001 through March 15, 2001, the HELOC
                  Commitment shall be increased to $11,000,000)," and (11) the
                  aggregate principal amount of Advances outstanding at any time
                  secured by Eligible Nonconforming Mortgage Loans and Eligible
                  HELOCs shall not exceed $10,000,000 (PROVIDED, HOWEVER, that
                  from March 1, 2001 through March 15, 2001, the aggregate
                  principal amount of Advances outstanding at any time secured
                  by Eligible Nonconforming Mortgage Loans and Eligible HELOCs
                  shall not exceed $11,000,000)."

          (d) Section 4.02(s) of the Warehouse Credit Agreement is amended to
     read in full as follows:

                           "(s) if on any date the aggregate principal amount of
                  Advances secured by Eligible Nonconforming Mortgage Loans and
                  Eligible HELOCs exceeds $10,000,000, the Borrower shall
                  immediately prepay the principal of Advances secured by
                  Eligible Nonconforming Mortgage Loans and Eligible HELOCs in
                  an aggregate amount equal to such excess (PROVIDED, HOWEVER,
                  that if on any date from March 1, 2001 through March 15, 2001
                  the aggregate principal amount of Advances secured by Eligible
                  Nonconforming Mortgage Loans and Eligible HELOCs exceeds
                  $11,000,000, the Borrower shall immediately prepay the
                  principal of Advances secured by Eligible Nonconforming
                  Mortgage Loans and Eligible HELOCs in an aggregate amount
                  equal to such excess)."

          (e) Section 8.15 of the Warehouse Credit Agreement is amended to read
     in full as follows:

                           "8.15 PORTFOLIO AGING. The Borrower will not at any
                  time permit the aggregate principal amount of the Eligible
                  Mortgage Loans then pledged as Collateral that have an
                  Origination Date that

                                      -2-

<PAGE>

                                                                   Exhibit 10.14

                  is more than 60 days prior to such time,
                  to exceed 12% of the aggregate principal amount of all
                  Eligible Mortgage Loans that are pledged as Collateral at such
                  time and will not at any time permit the aggregate principal
                  amount of the Eligible Nonconforming Mortgage Loans then
                  pledged as Collateral that have an Origination Date that is
                  more than 60 days prior to such time to exceed 15% of the
                  aggregate principal amount of all Eligible Nonconforming
                  Mortgage Loans that are pledged as Collateral at such time."

          2. NOTE. The Note shall be amended and restated to provide that the
     principal amount thereof is Fifty Five Million United States dollars
     ($55,000,000).

         3. CONDITIONS OF EFFECTIVENESS. This Agreement shall become effective
as of the date first above written when this Agreement shall have been executed
by the Borrower and the Lender and the Agent and the Agent shall have received a
Third Amended and Restated Note in the principal amount of $55,000,000 (the
"Restated Note") made payable to the Lender executed on behalf of the Borrower
and the Lender.

          4. REFERENCES TO CREDIT DOCUMENTS. Upon the effectiveness of this
     Agreement:

                  (a) Each reference in the Warehouse Credit Agreement to "this
Agreement," "hereunder," "hereof," "herein" or words of like import, and each
reference in the Restated Note and the Warehouse Security Agreement to the
Warehouse Credit Agreement, shall mean and be a reference to the Warehouse
Credit Agreement as amended hereby; and

                  (b) Each reference in the Warehouse Credit Agreement and the
Warehouse Security Agreement to the Note shall mean and be a reference to the
Restated Note.

          5. RATIFICATION OF DOCUMENT.

                  (a) Except as specifically amended herein or amended and
restated in the Restated Note, the Warehouse Credit Agreement, the Note and the
Warehouse Security Agreement shall remain unaltered and in full force and effect
and are hereby ratified and confirmed.

                  (b) The execution, delivery and effectiveness of this
Agreement and the Restated Note shall not, except as expressly provided herein,
operate as a waiver of any right, power or remedy of the Lender or the Agent
under the Warehouse Credit Agreement, the Note or the Warehouse Security
Agreement nor constitute a waiver of any default or Event of Default under the
Warehouse Credit Agreement, the Note or the Warehouse Security Agreement.

         6. REPRESENTATIONS AND WARRANTIES. The Borrower hereby certifies that
(i) the representations and warranties which it made in the Warehouse Credit
Agreement and the Warehouse Security Agreement are true and correct as of the
date hereof and (ii) no Event of

                                      -3-

<PAGE>

Default and no event which could become an Event of Default with the passage of
time or the giving of notice, or both, under the Note, the Warehouse Credit
Agreement or the Warehouse Security Agreement exists on the date hereof.

     7. MISCELLANEOUS.

                  (a) This Agreement shall be governed by and construed
according to the laws of the State of New York without regard to principles of
conflicts of laws and shall be binding upon and shall inure to the benefit of
the parties hereto, their successors and assigns.

                  (b) This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

                  (c) This Agreement is intended to take effect as a
document under seal.

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the day and year first above written.

                                  E-LOAN, INC.

                                  By:  /S/ JOSEPH J. KENNEDY
                                       ----------------------------------------
                                       President

                                  COOPER RIVER FUNDING INC.

                                  By:  /S/ ILLEGIBLE
                                       ----------------------------------------
                                       Assistant Treasurer

                                  GE CAPITAL MORTGAGE SERVICES, INC.

                                  By:  /S/ ILLEGIBLE
                                       ----------------------------------------
                                       Vice President

                                      -4-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}]]