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
-
BRIEF-LendingTree and Mortech resolve lawsuit
-
LendingTree Selects ExactTarget, Aprimo to Launch New Campaign
News & Analysis
Filter by
lendingtree and mortgages - All News and Analysis
Interest Rates Drop
BNET
- 2009-09-11
Many homeowners refinance their mortgage to get a lower interest rate and monthly payment or to trade in an adjustable-rate or interest-only mortgage for a fixed interest rate and predictable payments. A dip in interest rates makes both of those options even more attractive as the savings could be even...
Tax Credit Spurs Home Buyers
BNET
- 2009-09-10
The tax credit isn't the only reason to consider buying a home this year. Interest rates on home mortgages are still very low and home prices have declined in many areas. A mortgage payment might even be cheaper than the rent you are currently paying each month. The deadline to...
Conforming Loans
BNET
- 2009-09-09
A conforming loan usually means a lower interest rate and substantial savings. If you're shopping for a mortgage, you may have heard the term "Conforming loan" and wondered what it meant or how it might apply to your situation. The bottom line is that borrowers can save money if they...
Google May Enter Mortgage Quote Business; How Will Mortgage Advertisers React?
PaidContent
- 2009-08-27
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...
5 Tips For First-Time Mortgage Borrowers
BNET
- 2009-07-31
Shopping for a mortgage can be intimidating. It's natural to feel anxious about doing something new for the first time, and getting your first mortgage is no exception. Fortunately, there are a few simple things you can do to make sure you're being well-prepared before you start looking for your...
Jumbo Loan Basics
BNET
- 2009-05-20
Jumbo loans offer large loan amounts for borrowers in high-cost markets, but may come with stricter qualifying requirements and higher interest rates. If you want to borrow an especially large amount of money to buy a home or refinance your existing mortgage, you may already be familiar with the term...
Getting Preapproved Takes On New Importance
BNET
- 2009-01-23
Getting preapproved for a mortgage can help you buy a home you can afford. If you're getting ready to buy a home, you probably already know that lower home prices and interest rates have made homes much more affordable. But did you also know that getting preapproved for a mortgage...
6 Tips To Refinance Your Mortgage Faster
BNET
- 2009-01-10
Hordes of homeowners across the country have decided it's a great time to shop for a new mortgage, especially one that has lower payments, a lower interest rate or a rate that's fixed instead of adjustable. This rush to refinance, which was triggered by historically low interest rates, has swamped...
Mortgage Loan Comparison Calculator
BNET
- 2009-01-01
This tool helps you compare mortgages and determine which home loan is right for you.
Avoiding Negative Equity
BNET
- 2008-11-10
Home buyers can position themselves to avoid being underwater on their mortgage. If you're thinking about buying a home, you may be concerned about the prospect of negative equity. Also referred to as being "Underwater" or "Upside-down," negative equity occurs when you owe more on your mortgage than your home...
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 |
| April Whitlock |
| 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 |
| Organization | Position | Status |
|---|---|---|
| Mom Corps | Senior Vice President, Marketing & Programs | Current |
| LendingTree, LLC | Current | |
| Duke University | Bachelor's Degree In Public Policy and Political Science | Former |
