LendingTree in the News 2004

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Good Intentions Aren’t Enough
The Motley Fool
Dayana Yochim
Dec 23, 2004
According to the results of a December nationwide survey done on behalf of lending exchange LendingTree.com, Americans have the right idea of managing their money. But they’re going about it all wrong. ...13% of those surveyed by LendingTree said they have no intention of developing a financial plan of any kind.

Online Referrals for Home Sales Gain a Toehold
The Wall Street Journal
James Haggerty
Dec 09, 2004
LendingTree, best known as a place to shop for mortgages, is one of the bigger sites trying to expand its agent-referral service. People who use an agent from a brokerage firm that participates in the LendingTree program can receive such rewards as a Home Depot gift card valued as much as $2,000, depending on the price of the home.

The Delicate Art of Online Banking
Financial Times
Peter Thal Larsen and Richard Waters
Dec 01, 2004
Judged against the U.S. mortgage industry, which lent an estimated $3,500 billion last year, LendingTree remains a tiny business. Yet in the financial services industry it is a rarity: A profitable internet business that has carved a profitable niche in a market dominated by institutions with billion-dollar balance sheets.

Loan Entrepreneur Charts a New Course
The Los Angeles Times
Annette Haddad
Sep 21, 2004
Hsieh recalled that once he and Lebda started talking about a deal last spring, "it was a meeting of the minds about what we want to do and what we want to accomplish. LendingTree", Hsieh added, "understands our culture," which places a premium on recognizing those who work hard. ... "Every customer," Hsieh said, "deserves the right to get the best loan."

Home Is Where the Loan Is
Motley Fool
Salena Maranjian
Jun 14, 2004
By the end of this year, nearly 25% of 800 homeowners recently surveyed by LendingTree will have secured a home equity loan. That’s double the number of homeowners who did in 2003. ...More than 38% of borrowers will use the loan for home improvements, according to LendingTree’s findings.

Reasons to Refinance? Let Us Count the Ways
Bankrate.com
Holden Lewis
Jun 03, 2004
"As (rates) have gone up in the past, we see that lenders definitely get more competitive," says Brian Regan, vice president and chief consumer officer for LendingTree. "A lot of the fees, a lot of the actual discount and origination fees, are where lenders are getting more competitive now."

A Household Name
Mortgage Banking Magazine
Jack Milligan
May 01, 2004
"LendingTree Inc., an online exchange where more than 230 lenders compete for mortgage borrowers, often providing them with multiple offers in 10 minutes or less. ... "Our goal is to have 100 percent of our consumers receive an instant offer," Collins says. The company also pays close attention to service quality, and grades each participating lender quarterly.

Diller.com
Fortune
Bethany McLean
Apr 18, 2004
LendingTree? Diller called it "probably the most important strategic foot we've put down in the last year" when he announced the purchase in the spring of 2003. ...LendingTree's core business - helping consumers find mortgages - has climbed like a rocket, and the company is now trying to break into the business of matching consumers with real estate brokers and take a piece of the $1.2 trillion real estate market.

Point. Click. En Garde!
The New York Times
Saul Hansell
Apr 18, 2004
LendingTree has flourished as a mortgage referral service. The company, which Douglas R. Lebda founded in 1996 while he was in business school, generated 0.7 percent of all mortgages in the country last year. This year, it expects to have 1 percent of all mortgages.

True Low-Cost Refinancing: Pay Off a Mortgage with a Home-Equity Loan
The Wall Street Journal
Jonathan Clements
Feb 18, 2004
This flurry of reader e-mails piqued my interest, so I filled out an online application form at www.lendingtree.com, requesting a $100,000 credit line. ...By the end of the day, four banks had responded through LendingTree’s website, all offering credit lines at below 4%.

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