LendingTree Opens New Marketing Headquarters in San Francisco's Bay Area

Capitalizing on the area’s talent, LendingTree's Online Marketing Division Sets Up Shop in Burlingame

SAN FRANCISCO, CA (February 21,  2012) - LendingTree, the nation’s leading online lending exchange, announced today that it has officially opened its marketing headquarters in Burlingame, California.

"With the Bay Area being the epicenter of technology and innovation, LendingTree saw an opportunity to expand our marketing team and tap into the Silicon Valley talent pool,” said Doug Lebda, LendingTree CEO.  "Since our CMO Gabe Dalporto joined us last April, we’ve assembled an exceptional 20 person team that will enable us to execute on our growth and diversification strategy.”

“When I joined LendingTree, we set out to build the best marketing team on the planet, bar none,” said Dalporto. “We chose the Bay Area due to the rich and deep talent pool that’s on the absolute cutting edge of performance-based marketing. I don’t think we would have grown as quickly if we were anyplace else. I’m thrilled that we now have a permanent address where our team of marketers and designers can collaborate and communicate more efficiently in an area that gives employees quick access to San Francisco, the Valley and the East Bay.”

LendingTree, LLC and its parent company, Tree.com, Inc., (NASDAQ: TREE), still maintains its primary office and headquarters in Charlotte, NC.

About LendingTree, LLC
LendingTree, LLC is the nation’s leading online lender exchange and personal finance resource, helping consumers take charge of all their financial decisions, from budgeting to money management to mortgages to credit cards and more. LendingTree provides a marketplace that connects consumers with multiple lenders that compete for their business, as well as an array of online tools to aid consumers in their financial decisions. Since inception, LendingTree has facilitated more than 28 million loan requests and $214 billion in closed loan transactions. LendingTree provides access to lenders offering mortgages and refinance loans, home equity loans/lines of credit, and more. LendingTree, LLC is a subsidiary of Tree.com, Inc. (NASDAQ: TREE). For more information go to www.lendingtree.com, dial 800-555-TREE , join our Facebook page and/or follow us on Twitter @LendingTree.