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Home > Company Index > Financial Services > Consumer Loans > LendingTree, Inc.
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LendingTree, Inc. |
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NEWS FROM THE WIRES |
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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 |
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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 |
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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 |
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Countrywide Credit Industries, Inc. (CCR)
E-Loan, Inc. (EELN)
Intuit Inc. (INTU)
DEALS |
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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
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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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 |
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Douglas R. Lebda
CEO
Keith B. Hall
CFO
CONTACT INFO |
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11115 Rushmore Drive
Charlotte, NC 28277
US
Phone: 704-541-5351
Fax: 704-541-1824
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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