LendingTree To Acquire MortgageLender
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.