Exhibit 10.19
                                  AMENDMENT TO

                         UNDERWRITING SERVICES AGREEMENT

     This Amendment to Underwriting Services Agreement (the "Amendment") is
entered into between E-LOAN, a California corporation, located at 6200 Village
Parkway, Dublin, CA 94568 ("E-Loan"), and PMI MORTGAGE SERVICES CO., a
California corporation, located at 601 Montgomery Street, San Francisco, CA
94111 ("PMI").

     WHEREAS, PMI and E-Loan entered into an Underwriting Services Agreement
(the "Agreement") on or about June 11, 1998 and

     WHEREAS, PMI and E-Loan wish to amend the Agreement with respect to the
underwriting, guidelines and to the Review Fees payable and under the Agreement;

     NOW, THEREFORE, PMI and E-Loan agree to amend the Agreement on the
following terms and conditions.

1.   Exhibit A is amended to include the following: HOMESIDE LENDING, INC.
     ("HOMESIDE")

2.   Exhibit G of the Agreement is hereby amended to read as follows:

          "REVIEW FEES. The Review Fee for each Mortgage Loan Package submitted
          hereunder shall be as follows:

                  (i)      for those Mortgage Loan Packages underwritten under
                           the Agency Underwriting Guidelines for which Mortgage
                           Insurance is not issued, the Review Fee shall be
                           Sixty Dollars ($60.00), and the Review Fee for those
                           Mortgage Loan Packages underwritten under the Agency
                           Underwriting Guidelines for which Mortgage Insurance
                           is requested shall be Twenty-Five Dollars ($25.00).

                  (ii)     for those Mortgage Loan Packages underwritten under
                           the Platinum Plus Underwriting Guidelines for which
                           Mortgage Insurance is not issued, Review Fee shall be
                           Sixty Dollars ($60.00), and the Review Fee for those
                           Mortgage Loan Packages underwritten under the
                           Platinum Plus Underwriting Guidelines for which
                           Mortgage Insurance is requested shall be Twenty-Five
                           Dollars ($25.00)."

3.   This Amendment shall become effective as of the date of the last party to
     sign.






                                                                   Exhibit 10.19

4.       Except as amended hereby, the Agreement shall remain in full force and
effect.

         IN WITNESS WHEREOF, the parties have caused their duly authorized
officers to execute this instrument on the date set forth below.

E-LOAN                              PMI MORTGAGE SERVICES CO.

/S/ STEVEN M. MAJERUS               /S/ ILLEGIBLE
----------------------------------  -------------

By: STEVEN M. MAJERUS               By:  Gene Campion
   -------------------------------

Its: DIRECTOR, MORTGAGE BANKING     Its:  National Underwriting Vice President
    ------------------------------

Date: July 30, 1998                 Date: July 31, 1998



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