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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%.