LendingTree To Acquire MortgageLender

September 14, 2004, 1:00 a.m. EDT 1 Min Read

CHARLOTTE, N.C. - (09/14/04) -- LendingTree, Inc., the operator ofan online mortgage brokerage, said it has agreed to acquireHomeLoanCenter.com., a two-year-old Irvine, Calif.-based onlinemortgage originator. The deal will allow LendingTree to be a lenderas well as continue to sell possible mortgage loans to differentlenders. Terms of the deal were not disclosed. LendingTree is ownedby New York-based InterActive Corp., which also owns Expedia,Hotels.com and Hotwire.

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