BNET Industries
Last Fiscal Year Sales:$111.4M
- Private
- US
Dow Jones Description
LendingTree sprung out of a vision by founder and CEO Doug Lebda in 1996 to make the lending process more consumer-friendly, and has been grown by leaps and bounds from then. Since its inception, the company has helped more than 20 million borrowers. After a successful initial public offering (IPO) in 2000, LendingTree was acquired by Barry Diller's IAC (NASDAQ: IACI), a family of high-growth interactive companies that includes Ask.com, Ticketmaster and Match.com. Meanwhile, HomeLoanCenter.com was founded in 2002 by Anthony Hsieh as the first online mortgage company to offer consumers direct access to the most diverse array of mortgage products available. Specializing in finding "a loan for every home," HomeLoanCenter.com grew from six to more than 900 employees in just over two years. In 2004, LendingTree and HomeLoanCenter.com combined forces to become the nation's dominant online mortgage resource. As mortgage rates remain near historic lows in 2007, and housing values stabilize in a market that's forecasted to top $2.39 trillion in fundings, LendingTree continues to develop and leverage the number one brand in financial services. Our valued employees help us achieve our goals, and we're adding to our team to build our future.
Senior Vice President, Chief Financial Officer & Chief Accounting Officer
Matthew PackeyNumber of Employees 500
Contact Information
11115 Rushmore Dr
Charlotte, North Carolina 28277
(704) 541-5351
Peer Companies
NAICS Code All Other Personal Services: 812990
Recent Events
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BRIEF-LendingTree and Mortech resolve lawsuit
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Will Google Introduce You to Your Next Mortgage? Possibly, Says Lawsuit
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Lending Tree tries to protect secrets: LendingTree files suit over confidentiality as potential rival is...
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LendingTree files lawsuit against Mortech
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LendingTree Selects ExactTarget, Aprimo to Launch New Campaign
News & Analysis
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finance and lendingtree - All News and Analysis
Google May Enter Mortgage Quote Business; How Will Mortgage Advertisers React?
Google (NSDQ: GOOG) has taken fire for shaking up industries by offering free alternatives—even if it hasn’t yet figured out how to make money in many of them. Now, Google is hatching plans to disrupt yet another industry. The NYT reports that online mortgage quote service LendingTree believes that...
Mortgage Loan Comparison Calculator
This tool helps you compare mortgages and determine which home loan is right for you.
Adjustable-Rate Mortgage (ARM) Payment Calculator
This tool helps you determine the amount of your ARM payments.
LendingTree $734m deal sparks interest in finance dot-coms.
Byline: Jeremy Adams in New York Byline: Jeremy Adams in New York
Fidelity increases investment in Lendingtree
LENDINGTREE INC., CHARLOTTE, NORTH CARolina, announced that one of its early investors sold a portion of its preferred stock holdings in a private sale to three companies wholly owned by Fidelity National Financial Inc. FNF, Santa Barbara, California. FNF purchased a total of 1.84 million shares of LendingTree's series-A 8-percent...
Lendingtree and MSN broaden alliance
LENDINGTREE INC., CHARLOTTE, NORTH Carolina, is now powering additional loan products on Microsoft[R] Corporation's CNBC on MSN Money Banking Center (www.money.msn.com). Visitors to the site can receive multiple competitive loan offers for mortgages, refinance and home-equity loans through LendingTree's lending exchange, where more than 140 banks compete for consumers' business....
ADVISORY/MortgageSelect.com and LendingTree, Inc. Announcement at MBA Technology Conference
Business Editors ADVISORY...For Thursday (March 23) --BUSINESS WIRE Who: MortgageSelect.com (www.mortgageselect.com), LendingTrees' highest volume mortgage closer and the Internet-based subsidiary of American Home Mortgage Holdings (NASDAQ: AHMH), one of America's top ten...
Lendingtree Files Ipo
CHARLOTTE, NORTH CAROLINA-BASED LendingTree, Inc., has announced it has filed a registration statement with the Securities and Exchange Commission relating to the initial public offering IPO of its common stock. The shares will be offered through a syndicate led by Merrill Lynch Pierce Fenner & Smith. The co-managers of the...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Matthew Packey | Senior Vice President, Chief Financial Officer & Chief Accounting Officer |
| Bob Harris | Senior Vice President, Marketing |
| Claudette Hampton | Senior Vice President of Human Resources |
| Eric Cunliffe | Senior Vice President, Realty Services |
| Kimberly Gorsuch-Bradbury | Senior Vice President, Strategy & Corp Development |
| Robert J. Flemma | General Counsel, Senior Vice President & Secretary |
| David Norris | Vice President of Corporate Quality |
| Organization | Position | Status |
|---|---|---|
| LendingTree, LLC | Senior Vice President, Chief Financial Officer & Chief Accounting Officer | Current |
| LendingTree, LLC | Vice President & Controller | Former |
Robert Harris , age 49, is the President of our LendingTree Exchange business and has served in such capacity for LendingTree since June 2008. Mr. Harris previously served as President and Chief Operating Officer of the Lending Business from May 2007 through January 2008 and as its Vice Chairman from January 2008 through June 2008. Mr. Harris joined LendingTree as Vice President of Marketing in June 2000 and served as Chief Marketing Officer of LendingTree from September 2003 through April 2007. Prior to joining LendingTree, Mr. Harris served as Managing Director, Consumer Marketing of The Coca-Cola Company and worked at McCormick & Company, where he was responsible for leading brand marketing, new products and sales initiatives within the U.S. Consumer Products Group.
| Organization | Position | Status |
|---|---|---|
| Tree.Com, Inc. | President, Lendingtree Exchange | Current |
| LendingTree, LLC | Senior Vice President, Marketing | Current |
| LendingTree, LLC | Chief Marketing Officer | Former |
| LendingTree, LLC | Vice President of Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Tree.Com, Inc. | Senior Vice President, Human Resources | Current |
| LendingTree, LLC | Senior Vice President of Human Resources | Current |
| Baker & Taylor, Inc. | Senior Vice President, Human Resources | Former |
| Bristol-Myers Squibb Company | Former | |
| University of South Carolina | Masters of Mass Communications | Former |
| Organization | Position | Status |
|---|---|---|
| LendingTree, LLC | Senior Vice President, Realty Services | Current |
| Organization | Position | Status |
|---|---|---|
| LendingTree, LLC | Senior Vice President, Strategy & Corp Development | Current |
| Organization | Position | Status |
|---|---|---|
| LendingTree, LLC | General Counsel, Senior Vice President & Secretary | Current |
David Norris , age 43, is the President of LendingTree Loans, and has served in such capacity since June 2008. Mr. Norris previously served as Senior Vice President of LendingTree Loans and LendingTree, LLC, with responsibility for several areas, including Business Planning & Intelligence, Project Management, Call Center, Customer Experience, Six Sigma, and Sales Training. Mr. Norris joined LendingTree in September 2006 as Vice President of Corporate Quality. Prior to joining LendingTree, Mr. Norris served as Vice President of Service and Solutions for Toshiba America's Digital Products Division where he was responsible for delivering customer solutions and all post-sale product support. Within Toshiba, Mr. Norris also served as Vice President of Management Innovation.
| Organization | Position | Status |
|---|---|---|
| Tree.Com, Inc. | President (Hlc) | Current |
| LendingTree, LLC | Vice President of Corporate Quality | Current |
| LendingTree, LLC | Senior Vice President | Former |
| Home & Loan Center | Senior Vice President | Former |
