- LendingTree
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LendingTree 
Type LLC Founded Charlotte, North Carolina (1998) Headquarters Charlotte, North Carolina, USA Key people Doug Lebda, CEO/Founder Employees 700 (2008) Website www.lendingtree.com 
Original logo used from 1998 until 2009.
LendingTree is an online lending exchange. LendingTree is a web-based company that operates an online lending marketplace that facilitates matching borrowers and lenders. LendingTree.com provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans, credit cards, as well as access to student loans and commercial lending products.
History
Launched in 1998 with headquarters in Charlotte, LendingTree, LLC also owns and operates LendingTree Loans, GetSmart.com, and HomeLoanCenter.com. LendingTree, LLC is a business of Tree.com, Inc. (NASDAQ: TREE).
LendingTree was part of IAC Financial Services and Real Estate, an operating company of IAC.
In 2008, LendingTree spun off from IAC to join newly established Tree.com, Inc. Tree.com is the parent company of several brands and businesses in the financial services and real estate industries including LendingTree, LLC; LendingTree Loans; GetSmart.com; HomeLoanCenter.com; RealEstate.com; Realtors iNest.com; and Domania.com.
LendingTree loans recently[when?] bought Surepoint Lending (a privately-owned mortgage company that did business as First Residential Mortgage Network Inc) which entails growth for the company and greater market share. Surepoint is headquartered in Louisville, Kentucky and has branch locations in Nashville, Tampa, and Indianapolis. Surepoint had nearly 500 employees, including more than 300 licensed loan officers when it was acquired.
Antitrust lawsuit
In 2010, BanxCorp began antitrust legal proceedings against more than 100 companies, including LendingTree.[1][2]
References
- ^ "Antitrust Complaint Filed Against Dow Jones & Co., The New York Times and Other Media Giants" (Press release). forbes.com. June 3, 2010. http://www.forbes.com/feeds/prnewswire/2010/06/03/prnewswire201006030921PR_NEWS_USPR_____NY15012.html. Retrieved 2010-06-22. "A federal antitrust complaint was filed against nine firms including Dow Jones & Co., The New York Times, CNBC, CNN, MSNBC and others, for engaging in unlawful per se horizontal market division, customer allocation, and price fixing agreements with competitors in the market for bank rate websites throughout the United States. ... The case is USDC-DNJ 2:10-cv-02467-SDW-MCA."
- ^ http://banx.com/BanxCorp_v_LendingTree_et_al.pdf
Categories:- Companies listed on NASDAQ
- Companies based in Charlotte, North Carolina
- Financial services companies of the United States
- United States financial services company stubs
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