LendingTree and Mortech Resolve Lawsuit

September 16, 2009 at 4:41 PM EDT

CHARLOTTE, N.C., Sep 16, 2009 (BUSINESS WIRE) -- LendingTree, LLC and Mortech, Inc. have resolved their lawsuit to the mutual satisfaction of both parties, and the lawsuit has been dismissed.

About LendingTree, LLC

LendingTree, LLC is the nation's leading online lender exchange and personal finance resource, helping consumers take charge of all their financial decisions, from budgeting to money management to mortgages to credit cards and more. LendingTree provides a marketplace that connects consumers with multiple lenders that compete for their business, as well as an array of online tools to aid consumers in their financial decisions. Since inception, LendingTree has facilitated more than 25 million loan requests and $185 billion in closed loan transactions. LendingTree, LLC is a subsidiary of Tree.com, Inc. (NASDAQ: TREE). For more information go to www.lendingtree.com or 800-555-TREE.

SOURCE: LendingTree, LLC 

LendingTree, LLC
Darren Beck, 704-944-8670
Darren.beck@lendingtree.com

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