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Home > Company Index > Financial Services > Consumer Loans > LendingTree, Inc.

LendingTree, Inc.
Nasdaq: TREE
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 NEWS FROM THE WIRES
LendingTree names COO Reddin as President too
Jul 26 2001 02:19 PM PDT

LendingTree Q2 cash op. loss $0.30/shr, updates view
Jul 23 2001 07:40 PM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Romancing the Loan
Jan 16 2001 12:00 AM PST

Signs of Life in the Mortgage Morgue
Nov 13 2000 12:00 AM PST

The Foreclosure at Mortgage.com
Nov 06 2000 12:00 AM PST

IOwn's House of Cards?
Aug 16 2000 03:58 PM PDT

 PROFILE
LendingTree has set down roots in a forest of online loan operations. The firm bills itself as a loan market; consumers complete one loan application that is shopped around to many lenders. Among more than 100 participants are such top lenders as BANK ONE, Citibank, MBNA, and First Union. Clients select the most favorable terms for mortgages, credit cards, or home equity, auto, or personal loans. LendingTree charges lenders transaction fees upon submitting the loan application and again when the loan is closed; the service is free for borrowers. It licenses its Lend-X software to competing loan markets. Investment firm Capital Z Partners owns about 35% of the company.

 COMPETITION
Countrywide Credit Industries, Inc. (CCR)
E-Loan, Inc. (EELN)
Intuit Inc. (INTU)

 DEALS
Deal: BuilderDepot and LendingTree Ink Alliance
Date Announced: 05.01.01
Value of transaction (US $Mil): Not Disclosed
Description: BuilderDepot and LendingTree will create a co-branded loan center.

Search all deals for this company

 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 30.80
1-Yr. Sales Growth: 340.0%
Employees: 230
Revenue per employee: $133,913.04

 KEY PEOPLE
• Douglas R. Lebda
    CEO
• Keith B. Hall
    CFO

 CONTACT INFO
11115 Rushmore Drive
Charlotte, NC 28277
US
Phone: 704-541-5351
Fax: 704-541-1824
Online: Web Site

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