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Good news for LendingTree buyers. Today LT announced that they would be reducing the maximum amount of times leads can be matched with their lenders from 5 to 4, effective August 1, 2011. Buyers should see a small boost in conversions from this...
I guess all things come in 3′s, right? Well, I guess this hold true for LendingTree, who is continuing to make news with internal changes. A few weeks they kicked off the changes by selling LendingTree Loans to Discover. Yesterday, the...
According to a letter sent out to LT buyers yesterday LendingTree has made the decision to put their new Loan Explorer product on hold. The product which was just released 6 months ago (estimate) has “proven to be too expensive to maintain”,...
A few weeks ago Tree.com quietly (to my knowledge) launched Tree.com. The re-purpose of Tree.com was first announced a few years back at LeadsCon by founder and CEO Doug Lebda and is now intentionally live. Tree.com continues on with Lebda’s...
Today at the Annual LendingTree Summit CEO Doug Lebda officially announced the release of their new product “Loan Explorer”. This new product is essentially a rate table with some added filtering abilities. This follows the release...
Today the LeadsCouncil announced the first series of winners for their LEADER Awards. I’d like to think that I had a little influence on the idea, but I know full well that the idea was already in the works prior to my rant. Nonetheless,...
The rumors that swirled at the recent MBA conference have proven to be true today with the announcement that LendingTree LLC as signed an agreement to acquire SurePoint Lending. This acquisition will add 500 seats to the LendingTree floor and...
Today LendingTree filed a suit against Adchemy, NexTag, QuinStreet, and Zillow claiming that the companies are infringing on a patent filed by LendingTree in 1998. The patent, U.S. Patent No. 6,385,594 and 6,611,816, both entitled “Method...
LendingTree rumorville has been making some recent noise. First, lets start with items that are not rumors. This Monday marked the last days at Tree.com for both the CMO and CTO. Both apparently resigned from their positions at Tree.com two...
While all the hoopla went on today about the new iPad a smaller Apple application was released. Today LendingTree released their own iPhone application called the “mortgage rate finder”. This new app allows iPhone users to shop mortgage...
There is nothing worse then being laid off, I know personally. I also know there is nothing worse then having to lay people off. What I don’t know first hand is having to go through either of these two scenarios right before Christmas. Unfortunately,...
Last week Mortech put out a press release announcing that there were big things to come in 2010 from their company. The release follows the dismissal of a lawsuit brought on by former business partner LendingTree. We all know about the LendingTree/Mortech...
Big news today. As reported early LendingTree has dropped the lawsuit against Mortech. The lawsuit claimed that Mortech broke the confidentiality agreement between the two companies and infringed on their contract by working with Google on their...
CHARLOTTE, N.C.–(BUSINESS WIRE)–LendingTree, LLC and Mortech, Inc. have resolved their lawsuit to the mutual satisfaction of both parties, and the lawsuit has been dismissed. More details to come. AKPC_IDS += "982,";
I don’t have the privilege of attending the LendingTree Summits, but this year I was able to follow the daily happenings via good’ol Twitter! So here is a ValleyWag type twitter summation of what went down at this years event in...
Over a year ago Google began testing a mortgage rate search within their Merchant Search platform in the UK. Not much more then a few blog post here and there discussed the new search tool. Most couldn’t imagine it going much further then...
It was all over the Internet today that LendingTree has filed a lawsuit against service provider and 2008 “Innovator of the Year” , Mortech. The suit accuses Mortech of contract infringement and breaking their confidentiality agreement. About...
