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Tree.com continues to sell off certain assets with its most recent sale of RealEstate.com. Price has not been disclosed yet and there was not mention of the seller in the press release below. Details are to follow. In the press release below: KIRKLAND,...
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...
On July 11, 2011, the Compensation Committee of the Board of Directors of the Company approved a change in the compensation paid by the Company to Douglas R. Lebda, the Company’s Chief Executive Officer. The approved change provides that...
A few years ago their was a ton of excitement brewing over the new personal finance websites that were hitting the market. Many, including myself, thought that these sites were going to change the face of lead generation. By providing an extremely...
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...
One year ago at LeadsCon CEO of Tree.com Doug Lebda took the stage during the company spotlight session and announced their new plans to transform Tree.com into a portal based on user content, reviews, and company profiles. Today, I came across...
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...
Press Release: WHITE PLAINS, N.Y., May 18 /PRNewswire/ — A federal antitrust complaint was filed by BanxCorp against LendingTree LLC, a subsidiary of Tree.com, Inc. (Nasdaq: TREE), for engaging in an unlawful per se horizontal market division...
This is a part of an email conversation that took place between myself and a prominent player in the lead-gen space back in November of ’09. We were going back and forth on the future of lead-gen and I just wanted to take a moment and...
Last week at LeadsCon Tree announced their new plans for the Tree.com website. Doug Lebda, CEO of Tree took 15 minutes and briefly described the revamped site. The goal is to provide quality content to the consumer regardless of what service...
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...
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...
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...
Tree.com continues its goal of interstellar domination with yet another acquisition. These very calculated acquisitions, while on the surface are not the biggest moves you will see by a company the size of Tree.com, but should be considered...
Today LendingTree launched their new logo and website. The new logo, which uses the same font and image of the Tree.com logo, is a far cry from the traditional looking logo of the past. A logo that used to conjure up thoughts of tradition, quality...
