Investor Relations

Press Releases

 
Press Releases
  Date Title and Summary View
Nov 20, 2017
CHARLOTTE, N.C., Nov. 20, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, today released its first monthly Mortgage Offers Report which analyzes data from actual loan terms offered to borrowers on LendingTree.com by lenders on LendingTree's network. The purpose of the report is to empower consumers by providing...
Nov 16, 2017
CHARLOTTE, N.C., Nov. 16, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, recently conducted its Holiday Shopping Survey among 1,050 Americans aged 25 to 55 with at least one child. The results show that people generally expect to give more than they expect to receive, and although only 55 percent of respondent...
Nov 10, 2017
CHARLOTTE, N.C., Nov. 10, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced it will host an Analyst and Investor Event on Wednesday, December 13, 2017 in New York.  The company will host in-person attendees at the Nasdaq MarketSite, 4 Times Square, New York, NY 10036. Doors will open for registration at 10:00 a.m. Eastern Time a...
Nov 8, 2017
CHARLOTTE, N.C., Nov. 8, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, has released the findings of its study on which places have the most consumers with signs of being maxed-out with their credit cards. Credit card balances in the U.S. are now almost $800 billion, the highest since 2009, according to Federa...
Nov 1, 2017
CHARLOTTE, N.C., Nov. 1, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, today released its quarterly list of the top customer-rated lenders on its network based on actual customer reviews for the third quarter of 2017. The list features the top lenders in multiple loan product categories, including Mortgages, ...
Oct 30, 2017
CHARLOTTE, N.C., Oct. 30, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, has released the findings of its study on where residents in each state are looking to move, which discovered a southern tilt in preferences of out-of-state home buyers. LendingTree reviewed purchase mortgage loan requests for pri...
Oct 26, 2017
CHARLOTTE, N.C., Oct. 26, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced results for the quarter ended September 30, 2017. "We're incredibly proud to report our record third quarter financial results ...
Oct 19, 2017
CHARLOTTE, N.C., Oct. 19, 2017 /PRNewswire/ -- Over the past decade, most U.S. cities have experienced at least some degree of change, whether the change has been for the better or worse. These changes may be indicative of emerging economic opportunities, or on the other end of the spectrum, economic decline. MagnifyMoney, a subsidiary of LendingTr...
Oct 10, 2017
CHARLOTTE, N.C., Oct. 10, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will release its fiscal third quarter 2017 results on Thursday, October 26, 2017, and the company will hold a conference call at 9:00am ET. Those interested in participat...
Oct 4, 2017
CHARLOTTE, N.C., Oct. 4, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, has released the findings of its study on shopping timelines for purchase mortgages. The study analyzed data from a sampling of more than 5,000 closed loans from March 2016 through May 2017 and reviews the timeline for the entire mortgage ...
Oct 3, 2017
CHARLOTTE, N.C., Oct. 3, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, has released the findings of its study on how well residents in the top 50 U.S. metropolitan areas are spending within their means - or aren't. LendingTree looked at the average number of credit inquiries, use of revolving credit, ...
Sep 19, 2017
CHARLOTTE, N.C., Sept. 19, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) announced today that it has acquired certain assets of Snap Capital LLC, a tech-enabled online platform connecting business owners with lenders offering small business loans, lines of credit and merchant cash advance products through a concierge-based sales approach.  ...
Sep 7, 2017
CHARLOTTE, N.C., Sept. 7, 2017 /PRNewswire/ -- CompareCards by LendingTree recently conducted a survey among 1,000 American adults and found widespread misconceptions about debit cards. The survey found that 66% of Americans think debit cards are as safe or safer than credit cards for payments. This belief, however, is incorrect. Debit cards do not...
Sep 6, 2017
CHARLOTTE, N.C., Sept. 6, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in the Goldman Sachs Seventh Annual Financial Technology Conference being held on Thursday, September 7, 2017 at the Goldman Sachs Conference Center in N...
Aug 31, 2017
CHARLOTTE, N.C., Aug. 31, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, has announced Starbutter AI as the winner of its Startup Innovation Spotlight, a new initiative by LendingTree to showcase the top startup companies in financial technology (fintech) lead generation at LeadsCon. ...
Aug 30, 2017
CHARLOTTE, N.C., Aug. 30, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, has announced two key promotions within its leadership team. J.D. Moriarty, who joined LendingTree earlier this year as SVP of Corporate Development, has been promoted to Chief Financial Officer...
Aug 29, 2017
CHARLOTTE, N.C., Aug. 29, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in the Goldman Sachs Seventh Annual Financial Technology Conference being held on Thursday, September 7, 2017 at the Goldman Sachs Conference Center in N...
Aug 14, 2017
CHARLOTTE, N.C., Aug. 14, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, today announced the five finalists for its new initiative to showcase the top startup companies in financial technology (fintech) lead generation at LeadsCon this summer. The "LendingTre...
Aug 8, 2017
CHARLOTTE, N.C., Aug. 8, 2017 /PRNewswire/ -- A new study by DepositAccounts.com, now part of LendingTree®, shows that internet banks have an average annual percentage yield (APY) more than 4x greater than brick and mortar banks or credit unions. The study looked at APYs of savings accounts at 6,278 internet banks, brick and mortar banks and c...
Aug 2, 2017
CHARLOTTE, N.C., Aug. 2, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, and Access Intelligence, a leading business information and marketing company, today announced the judges for its new initiative to showcase the top startup companies in financial technology (fintech) lead generation at LeadsCon this summe...
Aug 2, 2017
CHARLOTTE, N.C., Aug. 2, 2017 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, recently conducted a survey among 1,050 millennials - those born in the years 1980 to 1995 - and found points of major disparity in the responses from men and women regarding debt and personal financial health.  The survey's findings suggest tha...
Aug 1, 2017
CHARLOTTE, N.C., Aug. 1, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in the Oppenheimer 20th Annual Technology, Internet & Communications Conference at the Four Seasons Hotel in Boston, MA. ...
Jul 27, 2017
CHARLOTTE, N.C., July 27, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced results for the quarter ended June 30, 2017. "Record revenue and continued growth across the board are the highlights of LendingTree's record second quarter result...
Jul 25, 2017
CHARLOTTE, N.C., July 25, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, today released its quarterly list of the top customer-rated lenders on its network based on actual customer reviews for the second quarter of 2017. The list features the top lenders in multiple loan product categories, including Mortgages...
Jul 19, 2017
CHARLOTTE, N.C., July 19, 2017 /PRNewswire/ -- LendingTree® (NASDAQ: TREE), the nation's leading online loan marketplace, today announced that Sam Mischner has been promoted to Chief Sales Officer and Head of Mortgage.  Previously, Mischner served as SVP, Sales and GM, Mortgage. In the newly-formed role of Chief Sales Officer and He...
Jul 13, 2017
CHARLOTTE, N.C., July 13, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will release its fiscal second quarter 2017 results on Thursday, July 27, 2017, and the company will hold a conference call at 9:00am ET. Those interested in participatin...
Jul 10, 2017
CHARLOTTE, N.C., July 10, 2017 /PRNewswire/ -- LendingTree® (NASDAQ: TREE), the nation's leading online loan marketplace, today announced that Brad Wilson has joined the company as its new Chief Marketing Officer. Effective immediately, Wilson will oversee LendingTree's brand strategy, marketing operations and consumer engagement as the compan...
Jun 29, 2017
CHARLOTTE, N.C., June 29, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, and Access Intelligence, a leading business information and marketing company, today announced a new initiative to showcase the top startup companies in financial technology (fintech) lead generation at LeadsCon this summer. ...
Jun 20, 2017
CHARLOTTE, N.C., June 20, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) announced today that its subsidiary, LendingTree, LLC has acquired the company that operates MagnifyMoney.com, a leading consumer-facing media property that offers unbiased editorial content, expert commentary, tools and resources to help consumers compare financial pro...
Jun 15, 2017
CHARLOTTE, N.C., June 15, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) announced today that it has acquired certain assets of Deposits Online, LLC, which does business under the name DepositAccounts.com, a leading consumer-facing media property in the depository industry. DepositAccounts.com is one of the most comprehensive sources of depo...
Jun 14, 2017
CHARLOTTE, N.C., June 14, 2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, today announced the launch of its new home valuation feature within the My LendingTree platform, which now has more than 5 million users. Launched in June 2014, My LendingTree is LendingTree's financial intelligence platform, and has cont...
Jun 9, 2017
CHARLOTTE, N.C., June 9, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in RBC Financial Technology Investor Day at The Westin New York Grand Central in New York, NY. Doug Le...
Jun 2, 2017
CHARLOTTE, N.C., June 2, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in the Bank of America Global Technology Conference at The Ritz Carlton in San Francisco and the Stephens Spring Investor Conference at Lotte New York Pal...
May 31, 2017
CHARLOTTE, N.C., May 31,  2017 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, analyzed credit scores and credit card debt from consumers in all 50 states and Washington D.C. over the past 12 months who either submitted a loan request through LendingTree or have a My LendingTree account.  The findings show that the ...
May 24, 2017
CHARLOTTE, N.C., May 24, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) (the "Company"), a leading online loan marketplace, announced today the pricing of its private offering of $265 million aggregate principal amount of its 0.625% convertible senior notes due 2022 (the "notes").  The size of the offering was increased from the previously a...
May 23, 2017
CHARLOTTE, N.C., May 23, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) (the "Company"), a leading online loan marketplace, announced today that it intends to offer, subject to market and other conditions, $200 million aggregate principal amount of its convertible senior notes due 2022 (the "notes") in a private placement.  The Company also ...
May 10, 2017
CHARLOTTE, N.C., May 10, 2017 /PRNewswire/ -- Today, CompareCards by LendingTree® launched CompareCards for Business, a destination for business owners created to simplify and streamline the business credit card selection experience. The CompareCards for Business experience offers comprehensive credit education, resources and comparison tools ...
May 5, 2017
CHARLOTTE, N.C., May 5, 2017 /PRNewswire/ -- LendingTree®, a leading online loan marketplace, today released its quarterly list of the top customer-rated lenders on its network based on actual customer reviews for the first quarter of 2017. The list features the top lenders in multiple loan product categories, including Mortgages, Personal Loa...
May 5, 2017
CHARLOTTE, N.C., May 5, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, has announced that it will participate in  the SunTrust Robinson Humphrey Internet & Digital Media Conference at The Palace Hotel in San Francisco, California. ...
Apr 27, 2017
CHARLOTTE, N.C., April 27, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced results for the quarter ended March 31, 2017. "LendingTree's record first quarter results were, once again, a testament to our company's ability to achieve our short-...
Apr 13, 2017
CHARLOTTE, N.C., April 13, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its fiscal first quarter 2017 results on Thursday, April 27, 2017, and the company will hold a conference call at 9:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the...
Apr 12, 2017
CHARLOTTE, N.C., April 12, 2017 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, has released its first annual list of most popular new cars of the current model year. The popularity rankings were based on over 70,000 auto loan purchase requests for brand new 2017 model year vehicles, up to March 31st, 2017.   ...
Mar 16, 2017
CHARLOTTE, N.C., March 16, 2017 /PRNewswire/ -- Millennials in Pittsburgh, Washington D.C., and Des Moines, are pursuing home ownership more than their counterparts in any of the nation's 100 largest cities, according to a new study by LendingTree®, the nation's leading online loan marketplace. These young homebuyers are at the forefront of a ...
Mar 10, 2017
CHARLOTTE, N.C., March 10, 2017 /PRNewswire/ -- LendingTree® (NASDAQ: TREE), the nation's leading online loan marketplace, today announced that J.D. Moriarty will be joining the company as its Senior Vice President, Corporate Development, effective April, 2017.    In his new role, Moriarty wil...
Mar 2, 2017
CHARLOTTE, N.C., March 2, 2017 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, has named STEM Center USA the winner of its inaugural small business contest with a grant of $50,000. "We are incredibly honored to receive LendingTree's small business grant," said Lavanya Jaw...
Feb 23, 2017
CHARLOTTE, N.C., Feb. 23, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced results for the quarter and fiscal year ended December 31, 2016. "Simply stated, the company's fourth quarter results exceeded our expectations and capped off another ...
Feb 9, 2017
CHARLOTTE, N.C., Feb. 9, 2017 /PRNewswire/ -- LendingTree® (NASDAQ: TREE), the nation's leading online loan marketplace, analyzed over 2 million purchase mortgage and personal loan requests to better understand how Americans are shopping for their loans. The findings show that 41 percent of purchase mortgage shoppers and almost half (48.53%) o...
Jan 24, 2017
CHARLOTTE, N.C., Jan. 24, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its fiscal fourth quarter and full year 2016 results on Thursday, February 23, 2017, and the company will hold a conference call at 9:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five min...
Jan 23, 2017
CHARLOTTE, N.C., Jan. 23, 2017 /PRNewswire/ -- LendingTree®, a leading online loan marketplace, released today its quarterly list of the top customer-rated network lenders for the third quarter of 2016. Winners were based on a five-star quality review system for overall customer experience as determined by actual LendingTree users. The list fe...
Jan 4, 2017
CHARLOTTE, N.C., Jan. 4, 2017 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in Needham & Company's 19th Annual Growth Conference at The Lotte New York Palace Hotel in New York City. Doug Lebda, LendingTree Founder and C...
Dec 6, 2016
CHARLOTTE, N.C., Dec. 6, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) will be holding its Analyst and Investor Event on Tuesday, December 13, 2016 at the Gansevoort Park Avenue hotel, 420 Park Ave, New York, NY. Live audio and accompanying presentation materials will be webcast via http://platform.livex.tv/lendingtree, and can also be foun...
Nov 30, 2016
CHARLOTTE, N.C., Nov. 30, 2016 /PRNewswire/ -- LendingTree® today announced two key role changes within its executive team in order to support the company's growth.  Neil Salvage, previously the company's Chief Revenue Officer, has been promoted to the newly-created role of President, managing the day-to-day business operations. Nikul Patel, p...
Nov 29, 2016
CHARLOTTE, N.C., Nov. 29, 2016 /PRNewswire/ -- Small business owners face a long list of challenges, and for many, the obstacle of securing financial resources needed to grow a business claims the top spot on the list. That's the driving force behind LendingTree's inaugural $50,000 Small Business Grant Contest, where LendingTree will present the wi...
Nov 28, 2016
CHARLOTTE, N.C., Nov. 28, 2016 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, recently conducted its second annual Holiday Shopping Survey among 1,062 American adults and found that once again, more than half of Americans  plan to shop for the holidays without a set budget. With more 43 percent admitting to having ...
Nov 16, 2016
CHARLOTTE, N.C., Nov. 16, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) announced today that it has acquired Iron Horse Holdings, LLC, which does business under the name CompareCards.  CompareCards is a leading online source for side-by-side credit card comparison, comprehensive credit education and credit health management. CompareCards pr...
Oct 27, 2016
CHARLOTTE, N.C., Oct. 27, 2016 /PRNewswire/ -- Revenue of $94.6 million; up 36% over third quarter 2015 Net Income from Continuing Operations of $7.3 million; down 1% over third quarter 2015 on higher tax provision Record Variable Marketing Margin of $36.3 million; up 49% over third quarter 2015 Record Adjusted EBITDA of $18....
Oct 25, 2016
CHARLOTTE, N.C., Oct. 25, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced it will host an Analyst and Investor Event on Tuesday, December 13, 2016 in New York.  The company will host in-person attendees at the Gansevoort Park Avenue hotel, 420 Park Ave, New York, NY 10016. Registration will begin at 10:00 a.m. Eastern Time and...
Oct 14, 2016
CHARLOTTE, N.C., Oct. 14, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its fiscal third quarter 2016 results on Thursday, October 27, 2016, and the company will hold a conference call at 9:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to th...
Oct 4, 2016
CHARLOTTE, N.C., Oct. 4, 2016 /PRNewswire/ -- Nearly two-thirds (63.3%) of millennials graduated, or will graduate, with student debt, and 46.5% currently owe money on their student loans. The burdens of student debt, however, extend far beyond just the borrowers, implicating education, occupations, spending and the economy. Those are findin...
Sep 16, 2016
CHARLOTTE, N.C., Sept. 16, 2016 /PRNewswire/ -- LendingTree®, a leading online loan marketplace, released today its quarterly list of the top customer-rated network lenders for the second quarter of 2016. Winners were based on a five-star quality review system for overall customer experience as determined by actual LendingTree account holders....
Sep 7, 2016
CHARLOTTE, N.C., Sept. 7, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced its participation in the Goldman Sachs Annual Financial Technology Conference held on Thursday, September 8, 2016 at The Goldman Sachs Conference Center. LendingTree's...
Sep 7, 2016
CHARLOTTE, N.C., Sept. 7, 2016 /PRNewswire/ -- According to the latest national down payment report released today by LendingTree®, a leading online loan marketplace, average down payment percentages for conventional 30-year fixed rate purchase mortgage offers rose slightly in the second quarter to an average of 17.13 percent. This represents ...
Jul 28, 2016
CHARLOTTE, N.C., July 28, 2016 /PRNewswire/ --  Revenue of $94.3 million; up 71% over second quarter 2015 Variable Marketing Margin of $34.0 million; up 59% over second quarter 2015 Net Income from Continuing Operations of $9.0 million; up 41% over second quarter 2015 Record Adjusted EBITDA of $16.7 million; up 88% over secon...
Jul 13, 2016
CHARLOTTE, N.C., July 13, 2016 /PRNewswire/ -- LendingTree®, a leading online loan marketplace, today released new survey data comparing the financial backgrounds of the 2016 electorate. Given this year's polarizing election cycle with financial and socioeconomic topics, such as minimum wage and education costs being at the front of many discu...
Jul 12, 2016
CHARLOTTE, N.C., July 12, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its fiscal second quarter 2016 results on Thursday, July 28, 2016, and the company will hold a conference call at 9:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the ...
Jun 29, 2016
CHARLOTTE, N.C., June 29, 2016 /PRNewswire/ --  A new report by LendingTree®, the nation's leading online loan marketplace, finds that mortgage rates offered by lenders on LendingTree's network have fallen 14 basis points since the United Kingdom voted to leave the European Union. In response, LendingTree has seen a substantial increas...
Jun 27, 2016
CHARLOTTE, N.C., June 27, 2016 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, today announced the launch of its CRA-eligibility tool, which enables banks and lending institutions subject to CRA evaluations to easily identify low- to moderate-income borrowers which meet CRA criteria, promoting access to credit withi...
Jun 14, 2016
CHARLOTTE, N.C., June 14, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, has announced that it will participate in the following investor conferences in New York City: On Wednesday, June 15, 2016, Gabe Dalporto, Chief Financial Officer, will participate in...
Jun 7, 2016
CHARLOTTE, N.C., June 7, 2016 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, announced today that it proudly joins members of the Innovative Lending Platform Association (ILPA) in developing a model small business lending disclosure called the SMART (Straightforward Metrics Around Rate and Total Cost) Box.  The SMA...
Jun 6, 2016
CHARLOTTE, N.C., June 6, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in the Stephens 2016 Spring Investment Conference held on June 7-8, 2016 at the Lotte New York Palace Hotel in New York, NY. LendingTree's Chai...
May 31, 2016
CHARLOTTE, N.C., May 31, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced its participation in the Bank of America Merrill Lynch 2016 Global Technology Conference held on June 1-2, 2016 at The Ritz-Carlton Hotel in San Francisco, CA. LendingT...
May 26, 2016
CHARLOTTE, N.C., May 26, 2016 /PRNewswire/ -- LendingTree®, a leading online loan marketplace, today released its quarterly list of the top customer-rated lenders on its network based on actual customer reviews for the first quarter of 2016. The list features the top lenders in LendingTree's core loan marketplace categories: Mortgages, Persona...
May 25, 2016
CHARLOTTE, N.C., May 25, 2016 /PRNewswire/ -- Millennials in Memphis, Milwaukee and St. Louis are seeking auto loans more often than their counterparts in any of the nation's top 50 cities, according to a new study by LendingTree®, the nation's leading online loan marketplace. They're at the forefront of a growing nationwide trend of young car...
May 17, 2016
CHARLOTTE, N.C., May 17, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, will present at the Needham Emerging Technology Conference held on May 18-19, 2016 at the Westin Grand Central Hotel in New York, NY. LendingTree's founder, Chairman and Chief Executive O...
May 12, 2016
CHARLOTTE, N.C., May 12, 2016 /PRNewswire/ -- LendingTree® (NASDAQ: TREE), the nation's leading online loan marketplace, today announced that Paul Tyma has joined the company as its new Chief Technology Officer. Based in Charlotte at LendingTree's headquarters, Tyma will lead the company's technology strategy and operations. Dr. Ty...
May 4, 2016
CHARLOTTE, N.C., May 4, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in the SunTrust 2016 Internet and Digital Media Conference held on May 10-11, 2016 at The Palace Hotel in San Francisco, CA. LendingTree's Chief Fin...
May 4, 2016
CHARLOTTE, N.C., May 4, 2016 /PRNewswire/ -- Record Revenue of $94.7 million; up 86% over first quarter 2015 Record Variable Marketing Margin of $34.1 million; up 61% over first quarter 2015 Net Income from Continuing Operations of $6.9 million Record Adjusted EBITDA of $15.8 million; up 78% over first quarter 2015 Income...
Apr 28, 2016
CHARLOTTE, N.C., April 28, 2016 /PRNewswire/ -- According to the latest national down payment report released today by LendingTree®, a leading online loan marketplace, average down payment percentages for conventional 30-year fixed rate purchase mortgage offers fell slightly in the first quarter to an average of 16.64 percent, down from 17.46 ...
Apr 19, 2016
CHARLOTTE, N.C., April 19, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its fiscal first quarter 2016 results on Wednesday, May 4, 2016, and the company will hold a conference call at 9:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the s...
Mar 17, 2016
CHARLOTTE, N.C., March 17, 2016 /PRNewswire/ -- Millennials in Boston, Pittsburgh and Washington D.C. pursue home ownership more than their counterparts in any of the nation's top 50 cities, according to a new study by LendingTree®, the nation's leading online loan marketplace. They're at the forefront of a growing nationwide trend of young bu...
Mar 8, 2016
CHARLOTTE, N.C., March 8, 2016 /PRNewswire/ -- LendingTree®, a leading online loan marketplace, today released its quarterly list of the top customer-rated lenders on its network based on actual customer reviews for the fourth quarter of 2015. The list features the top lenders in multiple loan product categories, including Mortgages, Personal ...
Mar 3, 2016
CHARLOTTE, N.C., March 3, 2016 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, is pleased to announce that it has been awarded two highly coveted 2016 LeadsCouncil LEADER Awards in the mortgage category, maintaining the company's position as the premier lead generator in the lending industry. This marks the sixth co...
Feb 25, 2016
CHARLOTTE, N.C., Feb. 25, 2016 /PRNewswire/ -- Record Revenue of $78.3 million; up 78% over fourth quarter 2014 Record Variable Marketing Margin of $28.0 million; up 60% over fourth quarter 2014 Net Income from Continuing Operations of $32.1 million impacted by $23.9 tax benefit due to release of valuation allowance Record Ad...
Feb 18, 2016
CHARLOTTE, N.C., Feb. 18, 2016 /PRNewswire/ -- Residents of the Northeast more commonly want personal loans to help fund their wedding costs than those in other regions while Southerners seek out loans disproportionately to pay for vacations and medical expenses, reflecting differing financial priorities that line up with the nation's regional bord...
Feb 4, 2016
CHARLOTTE, N.C., Feb. 4, 2016 /PRNewswire/ -- San Francisco-area residents have the highest credit scores of any metro area in the US, increasing their eligibility for the best rates on mortgages and other types of loans. That's one of the findings of a new analysis of credit scores and loan offer information from LendingTree®, the ...
Jan 25, 2016
CHARLOTTE, N.C., Jan. 25, 2016 /PRNewswire/ -- According to the latest national down payment report released today by LendingTree®, a leading online loan marketplace, average down payment percentages for conventional 30-year fixed rate purchase mortgage offers fell slightly in the fourth quarter to an average of 17.46 percent, down slightly fr...
Jan 14, 2016
CHARLOTTE, N.C., Jan. 14, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) (the "Company"), operator of LendingTree.com, a leading online loan marketplace, today announced that its Board of Directors has authorized the repurchase of up to an additional $50 million of the Company's common stock under the Company's existing stock repurchase prog...
Jan 12, 2016
CHARLOTTE, N.C., Jan. 12, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it expects to exceed its previously provided guidance for fourth quarter and full-year 2015.  These expectations are based on preliminary financial data and subject to final reporting and audit procedures. The Company's previously provided guidance ...
Jan 8, 2016
CHARLOTTE, N.C., Jan. 8, 2016 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, conducted an end-of-year survey to gauge American feelings towards their own personal finances in 2015. In addition to measuring their opinions, LendingTree asked if they had any financial regrets, and if they had any financial resolutions...
Jan 7, 2016
CHARLOTTE, N.C., Jan. 7, 2016 /PRNewswire/ -- LendingTree® (NASDAQ: TREE), the nation's leading online loan marketplace, today announced that Sam Yount has joined the company as its new Chief Marketing Officer.  Based in LendingTree's Burlingame, CA office, Yount will lead the company's marketing operations and continue to build the LendingTre...
Jan 4, 2016
CHARLOTTE, N.C., Jan. 4, 2016 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in Needham & Company's 18th Annual Growth Conference being held on January 12-14, 2016 at The Lotte New York Palace Hotel in New York City. Dou...
Dec 17, 2015
CHARLOTTE, N.C., Dec. 17, 2015 /PRNewswire/ -- LendingTree® (NASDAQ: TREE), the nation's leading online loan marketplace, has seen the home equity lending market expand as borrowers seek to leverage their homes' equity and more lenders join LendingTree's marketplace.  In the fourth quarter alone, LendingTree has added 14 new lenders to...
Dec 10, 2015
CHARLOTTE, N.C., Dec. 10, 2015 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, continues to scale its credit card vertical with the addition of American Express.  LendingTree's credit card marketplace now encompasses all five major credit card companies and the leading cards in each category. Additionally...
Dec 7, 2015
CHARLOTTE, N.C., Dec. 7, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in  the KeyBanc Capital Markets 2015 Consumer Conference on December 10, 2015 at the Crowne Plaza New York Times Square Hotel. Doug Lebda, Fou...
Nov 23, 2015
CHARLOTTE, N.C., Nov. 23, 2015 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, has launched an integration with Google Compare for Mortgages, the latest addition to a suite of Google Compare products designed to help consumers make confident, more informed financial decisions. Google Compare now enables ...
Nov 18, 2015
CHARLOTTE, N.C., Nov. 18, 2015 /PRNewswire/ -- According to the latest national down payment report released today by LendingTree®, a leading online loan marketplace, average down payment percentages for conventional 30-year fixed rate purchase mortgage offers rose slightly in the third quarter to an average of 17.63 percent, up slightly from ...
Nov 12, 2015
CHARLOTTE, N.C., Nov. 12, 2015 /PRNewswire/ -- LendingTree® (NASDAQ: TREE), a leading online loan marketplace, today announced the top ten customer-rated lenders on its network based on actual customer reviews for the third quarter of 2015. The 'Top Ten' list is based on a weighted average of review rating and volume of customer reviews. Lende...
Nov 12, 2015
CHARLOTTE, N.C., Nov. 12, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) (the "Company"), a leading online loan marketplace, announced today the closing of the previously announced underwritten public offering of its common stock.  In addition, the Company announced today that the underwriters have exercised their option to purchase 127,500 ...
Nov 5, 2015
CHARLOTTE, N.C., Nov. 5, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) (the "Company"), a leading online loan marketplace, announced today the pricing of the previously announced underwritten public offering of 850,000 shares of its common stock, of which 725,000 shares will be issued and sold by the Company and 125,000 shares will be sold ...
Nov 5, 2015
CHARLOTTE, N.C., Nov. 5, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, a leading online loan marketplace, today announced that it will participate in the RBC Technology, Internet, Media and Telecommunications Conference being held November 10-11, 2015 at the Westin Times Square in New York, NY. Doug ...
Nov 2, 2015
CHARLOTTE, N.C., Nov. 2, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) (the "Company"), a leading online loan marketplace, announced today that it has commenced, subject to market and other conditions, an underwritten public offering of 850,000 shares of its common stock pursuant to an effective shelf registration statement previously filed...
Oct 27, 2015
CHARLOTTE, N.C., Oct. 27, 2015 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, recently conducted a survey among 1,080 American adults and found that a quarter of Americans have struggled to pay off subsequent debt from holiday shopping. With more than half of respondents planning to forgo a budget this year, it's p...
Oct 26, 2015
CHARLOTTE, N.C., Oct. 26, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced results for the quarter ended September 30, 2015. "LendingTree performed exceptionally well in the third quarter, recording year-over-year growth in every lending cate...
Oct 14, 2015
CHARLOTTE, N.C., Oct. 14, 2015 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, has launched a question and answer community within its Loan Officer Directory platform, where consumers are able to ask licensed loan officers loan-related questions and loan officers are able to provide answers related to applying or qu...
Oct 14, 2015
CHARLOTTE, N.C., Oct. 14, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its fiscal third quarter 2015 results on Monday, October 26, 2015, and the company will hold a conference call at 8:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the ...
Oct 7, 2015
CHARLOTTE, N.C., Oct. 7, 2015 /PRNewswire/ -- In a nationally representative survey of 1,024 American consumers, LendingTree® found that 79 percent of Americans considered themselves bargain hunters and 92 percent of consumers have researched prices online before purchasing an item. However, when consumers were asked how often they looked for ...
Aug 21, 2015
CHARLOTTE, N.C., Aug. 21, 2015 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, recently conducted a survey among a nationally representative sample of 3,170 Americans to gain insight into credit card behaviors, sentiments and trends. Most notably, the survey data suggests that younger generations are less reliant on credi...
Aug 7, 2015
CHARLOTTE, N.C., Aug. 7, 2015 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, recently conducted a survey among a nationally representative sample of 3,170 Americans to gain insight into credit card behaviors, sentiments and knowledge. Of the 2,462 Americans who stated they owned at least one credit card, many don't...
Aug 6, 2015
CHARLOTTE, N.C., Aug. 6, 2015 /PRNewswire/ -- LendingTree® (NASDAQ: TREE), the nation's leading online loan marketplace, today announced the top ten customer-rated lenders on its network based on actual customer reviews for the second quarter of 2015. The 'Top Ten' list is based on a weighted average of review rating and volume of customer rev...
Aug 3, 2015
CHARLOTTE, N.C., Aug. 3, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced results for the quarter ended June 30, 2015. "We couldn't be more pleased with this quarter's results," said Doug Lebda, Chairman and CEO. "The online lending market co...
Jul 29, 2015
CHARLOTTE, N.C., July 29, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced that it will participate in the annual Needham Interconnect Conference being held on August 4-5, 2015 at The Westin Grand Central Hotel in New York City. Doug Lebda, ...
Jul 28, 2015
CHARLOTTE, N.C., July 28, 2015 /PRNewswire/ -- According to the latest national down payments report released today by LendingTree®, the nation's leading online loan marketplace, average down payment percentages for conventional 30-year fixed rate purchase mortgage offers rose slightly in the second quarter to an average of 17.34 percent, up f...
Jul 16, 2015
CHARLOTTE, N.C., July 16, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its second quarter 2015 financial results after market-close on Monday, August 3, 2015.  The conference call will be held at 5:00 p.m. Eastern Time on the same day.  The company had previously planned to release earnings the followin...
Jul 7, 2015
CHARLOTTE, N.C., July 7, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its fiscal second quarter 2015 results on Tuesday, August 4, 2015, and the company will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the ...
Jun 24, 2015
CHARLOTTE, N.C., June 24, 2015 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, recently conducted a survey on small U.S. business owners who applied for a small business loan within the past year. Data from LendingTree's survey showed 58% of the 170 small U.S. business owners did not comparison shop business loans o...
Jun 12, 2015
CHARLOTTE, N.C., June 12, 2015 /PRNewswire/ -- According to a report released today by LendingTree, the nation's leading online loan marketplace, down payment percentages for conventional 30-year fixed rate purchase mortgages decreased in the first quarter to an average of 16.98%, down from 17.59%, in Q4 2014. Additionally, the average down payment...
Jun 10, 2015
CHARLOTTE, N.C., June 10, 2015 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, has announced a series of senior executive appointments to fully align the company's management team for rapid scale and to leverage new growth opportunities. Gabe Dalporto, who joined the company in April 2011 as CMO and was ...
Jun 8, 2015
CHARLOTTE, N.C., June 8, 2015 /PRNewswire/ -- In an effort to gauge the state of financial literacy in the U.S. after Financial Literacy Month, LendingTree®, conducted a pulse survey to understand how well the average American grasps key aspects of financial health. The survey included questions related to common financial areas and consumers'...
Jun 2, 2015
CHARLOTTE, N.C., June 2, 2015 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, has expanded its personal loan lender network to include emerging innovator Ascend Consumer Finance.  Ascend's proprietary Adaptive Risk Pricing technology assesses several different credit factors each month for its borrowers and adjusts loan p...
May 22, 2015
CHARLOTTE, N.C., May 22, 2015 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, today announced the launch of its new personal loan rates product, an advanced second-generation personal loan marketplace, designed to provide consumers with fast and accurate personal loan quotes from multiple lenders and is capable of s...
May 11, 2015
CHARLOTTE, N.C., May 11, 2015 /PRNewswire/ -- LendingTree (NASDAQ: TREE), the nation's leading online loan marketplace, today announced the top ten customer-rated lenders on its network based on actual customer reviews for the first quarter of 2015. The 'Top Ten' list is based on a weighted average of review rating and volume of customer reviews.  ...
Apr 30, 2015
CHARLOTTE, N.C., April 30, 2015 /PRNewswire/ --  Record Revenue of $50.9 million; up 27% over first quarter 2014 Record Variable Marketing Margin of $21.2 million; up 39% over first quarter 2014 Net Income from Continuing Operations of $5.4 million Record Adjusted EBITDA of $8.9 million; up 98% over first quarter 2014 Net...
Apr 17, 2015
CHARLOTTE, N.C., April 17, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its fiscal first quarter 2015 results on Thursday, April 30, 2015, and the company will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to th...
Mar 24, 2015
CHARLOTTE, N.C., March 24, 2015 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, has launched an ongoing study to track the range of Annual Percentage Rates (APRs) on personal loans offered to prospective borrowers on its marketplace, highlighting the money-saving benefits of comparison shopping for loan products. In Febru...
Mar 13, 2015
CHARLOTTE, N.C., March 13, 2015 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, has released a new study analyzing the credit scores of subprime auto loan borrowers for loans originated in 2014. LendingTree found that over the one year period ending December 31, 2014, the monthly average of borrower credit scores for loan...
Feb 25, 2015
CHARLOTTE, N.C., Feb. 25, 2015 /PRNewswire/ -- Record Revenue of $43.9 million; up 21% over fourth quarter 2013 Record Variable Marketing Margin of $17.5 million; up 7% over fourth quarter 2013 Net Income from Continuing Operations of $2.1 million Record Adjusted EBITDA of $6.0 million Net Income per Diluted Share from Co...
Feb 20, 2015
CHARLOTTE, N.C., Feb. 20, 2015 /PRNewswire/ -- LendingTree (NASDAQ: TREE), the nation's leading online loan marketplace, is pleased to announce that it has been awarded two highly coveted 2015 LeadsCouncil LEADER Awards in the mortgage category, maintaining the company's position as the premier lead generator for the lending industry. This marks th...
Feb 18, 2015
CHARLOTTE, N.C., Feb. 18, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced it will host an Investor and Analyst Day on Monday, March 9, 2015 at the Nasdaq MarketSite in New York. Registration will begin at 10:00 a.m. Eastern Time and presentations will ...
Feb 12, 2015
CHARLOTTE, N.C., Feb. 12, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it will release its fiscal fourth quarter and full year 2014 results on Wednesday, February 25, 2015, and the company will hold a conference call at 4:30 p.m. Eastern Time. Those interested in participating in the conference call may dial in five mi...
Feb 10, 2015
CHARLOTTE, N.C., Feb. 10, 2015 /PRNewswire/ -- According to a report released today by LendingTree, the nation's leading online loan marketplace, down payment percentages for conventional 30-year fixed rate purchase mortgages increased in the fourth quarter to an average of 17.59%, up from 16.01% in Q4 2013. Additionally, the average down payment a...
Feb 5, 2015
CHARLOTTE, N.C., Feb. 5, 2015 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, today announced the top ten customer-rated lenders on its network based on actual customer reviews for the fourth quarter of 2014. The 'Top Ten' list is based on a weighted average of review rating and volume of customer reviews.  Lenders were r...
Jan 20, 2015
CHARLOTTE, N.C., Jan. 20, 2015 /PRNewswire/ -- LendingTree (NASDAQ: TREE), the nation's leading online loan marketplace, has released the findings of its ongoing study to track the difference between the highest and lowest interest rate offered to borrowers for the same loan.  Between October 1 and December 31, 2014, consumers who received multiple...
Jan 12, 2015
CHARLOTTE, N.C., Jan. 12, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) today announced that it is introducing guidance for the full year 2015.  Additionally, the company expects to exceed its previously provided revenue guidance for fourth quarter and full-year 2014 and meet or exceed its guidance on adjusted EBITDA. Fourth Quar...
Jan 6, 2015
CHARLOTTE, N.C., Jan. 6, 2015 /PRNewswire/ -- Tree.com, Inc. announced today it is changing its corporate name from Tree.com, Inc. to LendingTree, Inc., effective January 1, 2015, to better reflect both the company's go-forward strategy and its historical roots. The company's shares will continue to trade on the NASDAQ Global Select Mark...
Dec 3, 2014
CHARLOTTE, N.C., Dec. 3, 2014 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, today announced the official launch of its small business loan marketplace, as it continues to expand its offerings. The company's network of small business lenders already includes traditional, alternative, peer-to-peer and specialty finance le...
Dec 2, 2014
CHARLOTTE, N.C., Dec. 2, 2014 /PRNewswire/ -- LendingTree has announced the launch of a socially-powered philanthropic campaign to promote the act of giving back and lending a hand to others in need during the holiday season. LendingTree's "Lend a Hand" campaign builds upon its annual charity program by expanding the initiative through social media...
Nov 25, 2014
CHARLOTTE, N.C., Nov. 25, 2014 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, has released the findings of its most recent survey, which examines millennial trends and attitudes towards home ownership. The survey, conducted online in September 2014, included 1,009 nationally representative respondents, ages 24 through 35...
Nov 18, 2014
CHARLOTTE, N.C., Nov. 18, 2014 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, today announced the top ten customer-rated lenders on its network based on actual customer reviews for the third quarter of 2014. The 'Top Ten' list is based on a weighted average of review rating and volume of customer reviews.  Lenders were r...
Nov 10, 2014
CHARLOTTE, N.C., Nov. 10, 2014 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, today announced the launch of its student loan refinance and consolidation offering for existing student loans. This announcement comes just five months after announcing the company's entrance into facilitating new student loans, as LendingTree...
Nov 6, 2014
CHARLOTTE, N.C., Nov. 6, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online source for competitive loan offers, today announced results for its fiscal third quarter ended September 30, 2014. "In another record-breaking quarter for Tree.com, we produced record variable marketing m...
Oct 23, 2014
CHARLOTTE, Oct. 23, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its fiscal third quarter 2014 results on Thursday, November 6, 2014, and the company will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the start....
Oct 15, 2014
CHARLOTTE, N.C., Oct. 15, 2014 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, has launched an ongoing study to track the range of Annual Percentage Rates (APRs) on personal loans offered to prospective borrowers on its marketplace, highlighting the money-saving benefits of comparison shopping for loan products. In the th...
Sep 23, 2014
CHARLOTTE, N.C., Sept. 23, 2014 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, has released a year-long study tracking average auto loan rates on new vehicle purchases.  By analyzing over 20,000 loan offers made by lenders on LendingTree's auto loan exchange to borrowers across the credit spectrum, LendingTree found that...
Sep 17, 2014
CHARLOTTE, N.C., Sept. 17, 2014 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, today announced the top ten customer-rated lenders on its network based on actual customer reviews for the second quarter of 2014. The 'Top Ten' list is based on a weighted average of review rating and volume of customer reviews. Lenders were ...
Sep 10, 2014
CHARLOTTE, N.C., Sept. 10, 2014 /PRNewswire/ -- According to a report released today by LendingTree, down payment percentages for conventional 30-year fixed rate purchase mortgages increased in the second quarter to an average of 17.28%, up from 15.78% in Q1 2014. Additionally, the average down payment amount also increased, from $34,733 in Q1 2014...
Aug 12, 2014
CHARLOTTE, N.C., Aug. 12, 2014 /PRNewswire/ -- LendingTree's personal loan revenue exceeded the $1 million milestone during the month of July and has increased seven-fold since the July 2013 re-launch of LendingTree's personal loan product, marking personal loans as a prominent revenue source for LendingTree, the nation's leading online loan market...
Aug 5, 2014
CHARLOTTE, N.C., Aug. 5, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online source for competitive loan offers, today announced results for its fiscal second quarter ended June 30, 2014. "The second quarter was another solid one for Tree.com, as we produced record revenue and exce...
Aug 1, 2014
CHARLOTTE, N.C., Aug. 1, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will participate the in the Needham Interconnect Conference on Tuesday, August 5, 2014.  Alex Mandel, Chief Financial Officer, will be presenting at 10:30 AM Eastern Time (ET).  The presentation will be open to the general public via webcast at http:...
Jul 23, 2014
CHARLOTTE, N.C., July 23, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its fiscal second quarter 2014 results on Wednesday, August 6, 2014, and the company will hold a conference call at 4:30 p.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the s...
Jul 23, 2014
CHARLOTTE, N.C., July 23, 2014 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, today announced the launch of its all-new personalization platform, providing consumers with completely free credit scores and analysis, access to monthly updates, detailed account insights and proactive, market-based offers to illuminate poten...
May 8, 2014
CHARLOTTE, N.C., May 8, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online source for competitive home loan offers, today announced its Board of Directors authorized the repurchase of up to an additional $10 million of the company's common stock under the company's stock repurchase program. ...
May 7, 2014
CHARLOTTE, N.C., May 7, 2014 /PRNewswire/ -- LendingTree, the nation's leading online source for competitive loan offers, today announced the launch of its new mobile app which allows borrowers to comparison shop for mortgages in seconds. The new mobile app was designed from the ground-up to optimize the shopping process for a mobile con...
May 6, 2014
CHARLOTTE, N.C., May 6, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online source for competitive home loan offers, today announced results for the quarter ended March 31, 2014. "The first quarter was another solid one for Tree.com as we produced record revenue exceeding our guid...
Apr 25, 2014
CHARLOTTE, N.C., April 25, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its first quarter 2014 results on Tuesday, May 6, 2014, and the company will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the start. The c...
Apr 23, 2014
CHARLOTTE, N.C., April 23, 2014 /PRNewswire/ -- According to a report released today by LendingTree, down payment percentages for 30-year fixed rate purchase mortgages declined in the first quarter to an average of 15.78%, down from 16.01% in Q4 2013. Additionally, average credit scores for borrowers matched with lenders on the LendingTree network ...
Mar 12, 2014
CHARLOTTE, N.C., March 12, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that a federal jury in Charlotte, North Carolina, returned a verdict in the patent infringement case against defendants Zillow, Inc., Adchemy, Inc., and NexTag, Inc.  The jury found the defendants did not infringe LendingTree's U.S. Patent Nos. 6,385,594 a...
Mar 10, 2014
CHARLOTTE, N.C., March 10, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online source for competitive home loan offers, today announced results for the quarter and full year ended December 31, 2013. "We once again produced record levels of Variable Marketing Margin and Adjusted EBITDA,...
Mar 10, 2014
CHARLOTTE, N.C., March 10, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will hold a conference call at 6:00 p.m. Eastern Time on Monday, March 10, 2014, to discuss fourth quarter and full year 2013 financial results.  The call had previously been scheduled for the same date at 5:00 p.m.  Those interested in participati...
Mar 7, 2014
CHARLOTTE, N.C., March 7, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will hold a conference call at 5:00 p.m. Eastern Time on Monday March 10, 2014, to discuss fourth quarter and full year 2013 financial results.  The call had previously been scheduled for the same date at 11:00 a.m..  Those interested in participati...
Mar 5, 2014
CHARLOTTE, N.C., March 5, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its fourth quarter and full year 2013 results on Monday, March 10, 2014, and the company will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to ...
Jan 22, 2014
CHARLOTTE, N.C., Jan. 22, 2014 /PRNewswire/ -- According to a recent LendingTree survey conducted online by Research Data Technology, Inc. from December 20-28, 2013, current and potential homeowners have a generally optimistic outlook on the US economy and housing market.  More than two-thirds (69 percent) of respondents have a positive outlook on ...
Jan 13, 2014
CHARLOTTE, N.C., Jan. 13, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), parent of LendingTree, LLC,  today announced that Chief Executive Officer, Doug Lebda, and Chief Financial Officer, Alex Mandel, will participate in the 16th Annual Needham Growth Conference, being held at the New York Palace Hotel in New York City.  (Logo: http:/...
Nov 12, 2013
CHARLOTTE, N.C., Nov. 12, 2013 /PRNewswire/ -- LendingTree, the nation's leading online lending exchange, has been awarded Mortgage Technology magazine's 2013 Lasting Impact award.  (Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO ) The Mortgage Technology Awards, now celebrating their 14th year, honor innovative leaders...
Nov 7, 2013
CHARLOTTE, N.C., Nov. 7, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online source for competitive home loan offers, today announced results for the quarter ended September 30, 2013. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04466LOGO ) "We've delivered another great ...
Nov 5, 2013
CHARLOTTE, N.C., Nov. 5, 2013 /PRNewswire/ -- LendingTree, the nation's leading online lending exchange, today announced the top ten customer-rated lenders on its network based on reviews for the third quarter of 2013. The Top Ten list is created based on a weighted average of review rating and volume of customer reviews.  Lenders were rated on mor...
Nov 1, 2013
CHARLOTTE, N.C., Nov. 1, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its third quarter 2013 results on Thursday, November 7, 2013, and the company will hold a conference call at 11:00 a.m.. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the start. ...
Oct 30, 2013
CHARLOTTE, N.C., Oct. 30, 2013 /PRNewswire/ -- The financial health of prospective borrowers dipped slightly in the third quarter, according to LendingTree's Borrower Health Report, released today.  The report analyzes the financial health of mortgage-seekers and assigns a Borrower Health Score used in the ranking of each state. (Photo: htt...
Aug 21, 2013
CHARLOTTE, N.C., Aug. 21, 2013 /PRNewswire/ -- LendingTree, the nation's leading online source for competitive loan offers, has developed a report to analyze the financial health of prospective borrowers, ranking each state according to borrower health.  The borrower health score is based on a 100-point scale and is calculated by using a weighted a...
Aug 13, 2013
CHARLOTTE, N.C., Aug. 13, 2013 /PRNewswire/ -- Record continuing operations revenue of $37.4 million, up 33% vs. prior quarter Record Variable Marketing Margin ("VMM") of $13.7 million Results exceeded quarterly guidance on all metrics Brand campaign awarded third most effective ad (#1 in Mortgage category) in Q2 by Ace Metr...
Aug 2, 2013
CHARLOTTE, N.C., Aug. 2, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its second quarter 2013 results on Tuesday, August 13, 2013, and the company will hold a conference call at 4:30 p.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the start. The...
Jul 16, 2013
CHARLOTTE, N.C., July 16, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), the parent company of wholly-owned subsidiary LendingTree, LLC , today announced that it has appointed  Neil Salvage as General Manager of its home services business, DoneRight! ®.  Mr. Salvage will oversee the marketing and sales functions as well as the day-to-day ...
Jun 20, 2013
CHARLOTTE, N.C., June 20, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) announced today that a subsidiary of Discover Financial Services (NYSE: DFS) has paid the final $10 million of the purchase price from the sale of substantially all of the operating assets of the Home Loan Center, Inc. business.  The total purchase price was $55.9 million....
Jun 18, 2013
CHARLOTTE, N.C., June18, 2013 /PRNewswire/ -- In recognition of Homeownership Month, LendingTree surveyed a panel of 600 individuals who are considering purchasing a home within the next 12 months, conducted online by Research Data Technology, Inc. from May 21-23, 2013. The survey revealed that prospective homebuyers expect both mortgage rates (64%...
May 14, 2013
CHARLOTTE, N.C., May 14, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online source for competitive home loan offers, today announced results for the quarter ended March 31, 2013. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04466LOGO) "The first quarter represents anothe...
May 3, 2013
CHARLOTTE, N.C., May 3, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its first quarter 2013 results on Tuesday, May 14, 2013, and the company will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the start. The cal...
Mar 13, 2013
CHARLOTTE, N.C., March 13, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online source for competitive home loan offers, today announced results for the quarter ended December 31, 2012. Beginning in the third quarter 2012, after the completion of the sale of substantially all of the ass...
Mar 11, 2013
CHARLOTTE, N.C., March 11, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced the promotion of Gabe Dalporto to President, Mortgage in addition to his current role as CMO and Nikul Patel to Chief Product Officer.  Mr. Patel, previously SVP, Product, will assume responsibility for a combined Product and Technology team at LendingTree...
Mar 11, 2013
CHARLOTTE, N.C., March 11, 2013 /PRNewswire/ -- LendingTree, LLC, the nation's leading online source for competitive loan offers, today announced the launch of LoanExplorer, an advanced second generation loan marketplace, designed specifically for consumers, lenders, and publishers. LendingTree also announced the launch of its reverse mortgage prod...
Mar 1, 2013
CHARLOTTE, N.C., March 1, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its fourth quarter 2012 results on Wednesday, March 13, 2013, and the company will hold a conference call at 11:00 a.m. Eastern Time. On the call, the company will also be providing information regarding its first quarter and full year ...
Feb 13, 2013
CHARLOTTE, N.C., Feb. 13, 2013 /PRNewswire/ -- In a recent LendingTree survey of 1,060 homeowners conducted online by Research Data Technology, Inc. from November 16 to November 27, 2012, 79% believe that homeownership remains an essential part of the American dream. Additionally, 76% remain confident that if they wished to purchase a new home in t...
Jan 14, 2013
CHARLOTTE, N.C., Jan. 14, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ:TREE), parent of LendingTree, LLC, announced today that Doug Lebda, Chairman and CEO will be presenting at the 15th Annual Needham Growth Stock Conference in New York on Tuesday, January 15, 2012 at 5:30pm EST. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04466LOGO...
Jan 8, 2013
CHARLOTTE, N.C., Jan. 8, 2013 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), the parent company of wholly-owned subsidiary LendingTree, LLC , today announced that it has appointed Tamara Kotronis as General Manager for its education vertical, DegreeTree.  Mrs. Kotronis will oversee the marketing and sales functions as well as the day-to-day operati...
Dec 10, 2012
CHARLOTTE, N.C., Dec. 10, 2012 /PRNewswire/ -- Mortgage refinancing activity outpaced first-purchase mortgage transactions by nearly a 2 to 1 margin, according to a new LendingTree survey of 1,060 homeowners conducted online by Research Data Technology, Inc. from November 16 to November 27, 2012. Nearly 60 percent of homeowners refinanced an existi...
Dec 6, 2012
CHARLOTTE, N.C., Dec. 6, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), the parent company of wholly owned subsidiary LendingTree, LLC, today announced that its Board of Directors has approved a special cash dividend of $1.00 per share.  Additionally, the company expects to meet or exceed the upper end of its most recent guidance, which was $1...
Nov 26, 2012
CHARLOTTE, N.C., Nov. 26, 2012 /PRNewswire/ -- LendingTree, LLC, a subsidiary of Tree.com, Inc. (NASDAQ: TREE) and QuinStreet, Inc. (NASDAQ: QNST) have settled on mutually agreeable terms the patent infringement lawsuit brought by LendingTree against QuinStreet concerning LendingTree's patent that relates generally to coordinating loans over the In...
Nov 5, 2012
CHARLOTTE, N.C., Nov. 5, 2012 /PRNewswire/ -- Consolidated Net Income of $4.4 million; basic EPS of $0.38 and diluted EPS of $0.37 Continuing operations revenue of $23.3 million, up 19% from third quarter 2011 total adjusted Exchanges revenue Continuing operations Adjusted EBITDA of $3.9 million, or 17% of revenue  Raising 20...
Oct 12, 2012
CHARLOTTE, N.C., Oct. 12, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its third quarter 2012 results on Monday, November 5, and the company will hold a conference call at 5:30 p.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the start. The call ...
Sep 28, 2012
CHARLOTTE, N.C., Sept. 28, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ:TREE), has appointed Nikul Patel as Senior Vice President of Product. Mr. Patel's focus will be managing the product portfolio of Tree.com, which includes consumer experience and new product innovation. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO ) ...
Aug 7, 2012
CHARLOTTE, N.C., Aug. 7, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced results for the quarter ended June 30, 2012, including net income of $27.4 million, or $2.42 per diluted share, and adjusted EBITDA of $4.7 million. Second quarter revenue was $17.0 million in our continuing operations and $30.5 million in discontinued opera...
Aug 2, 2012
CHARLOTTE, N.C., Aug. 2, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its second quarter 2012 results on Tuesday, August 7, and the company will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the start. The call ...
Jul 30, 2012
CHARLOTTE, N.C., July 30, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ:TREE) today announced the appointment of Alex Mandel as Chief Financial Officer (CFO). (Logo:  http://photos.prnewswire.com/prnh/20110518/MM04466LOGO ) Mr. Mandel has worked with the Company as a financial consultant since July 2010. He brings sixteen years of corp...
Jul 24, 2012
CHARLOTTE, N.C., July 24, 2012 /PRNewswire/ -- DegreeTree.com, an online resource for connecting students with accredited degree programs and schools, has released the results of a recent study comparing unemployment vs education vs income.  The infographic makes use of DegreeTree data which shows that states with the highest unemployment rates are...
Jul 12, 2012
CHARLOTTE, N.C., July 12, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ:TREE), has appointed Fred Saunders as Senior Vice President of Marketing for Tree.com and LendingTree, LLC. In this role, Mr. Saunders' primary focus will be reinvigorating the LendingTree brand through strategic brand, direct response and social marketing campaigns and expanding...
Jul 11, 2012
CHARLOTTE, N.C., July 11, 2012 /PRNewswire/ -- LendingTree, LLC, the nation's leading online source for competitive loan offers, announced today that ten lenders joined the LendingTree Network in June, growing the lender network by 56 lenders since January 2012. Currently, the LendingTree Network has 329 lenders which compete to provide customized ...
Jun 7, 2012
CHARLOTTE, N.C., June 7, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) announced today it has entered into a trading plan established under Rule 10b5-1 under the Securities Exchange Act of 1934 to facilitate repurchases by the Company of its shares common stock. The amount and timing of repurchases will depend on a number of factors including ...
Jun 7, 2012
CHARLOTTE, N.C., June 7, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) announced today that it has completed the sale of substantially all of the operating assets of its Home Loan Center, Inc. business to a wholly-owned subsidiary of Discover Financial Services (NYSE: DFS).  In exchange for the assets sold, Discover paid an aggregate of $45.9 ...
May 24, 2012
CHARLOTTE, N.C., May 24, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced the closing date for the purchase by Discover of substantially all of the operating assets of Tree.com's Home Loan Center subsidiary business for June 6, 2012, subject to the satisfaction of customary closing conditions.   Home Loan Center, which operates as...
May 1, 2012
CHARLOTTE, N.C., May 1, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced for the quarter ended March 31, 2012, consolidated revenue of $64.1 million, net income of $13.1 million, or $1.15 per share, and adjusted EBITDA of $17.3 million. As a result of the pending sale of substantially all of the operating assets of Tree.com's whol...
Mar 30, 2012
CHARLOTTE, N.C., March 30, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its first quarter 2012 results on Tuesday, May 1 and the company will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the start. The call wil...
Feb 24, 2012
CHARLOTTE, N.C., Feb. 24, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced for the quarter ended December 31, 2011, a net loss of $1.1 million, or $0.10 per share, which includes an impairment charge of $5.6 million, and adjusted EBITDA of $6.2 million.  Revenue in the fourth quarter was $10.7 million. As a result of the pending s...
Feb 8, 2012
CHARLOTTE, N.C., Feb. 8,  2012  /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it has signed an amendment to the asset purchase agreement related to the sale of substantially all of the operating assets of its Home Loan Center subsidiary to Discover Financial Services (NYSE: DFS). Home Loan Center, which operates as LendingTree ...
Jan 23, 2012
CHARLOTTE, N.C., Jan. 23, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its fourth quarter 2011 results on Friday, February 24. Doug Lebda, chairman and chief executive officer, and Tamara Kotronis, senior vice president, will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participat...
Jan 12, 2012
CHARLOTTE, N.C., Jan. 12, 2012 /PRNewswire/ -- Tree.com, Inc. (Nasdaq: TREE) today announced that it has added a new $100 million mortgage warehouse line at its LendingTree Loans mortgage operation in Irvine, CA. The new facility is made available by Credit Suisse First Boston Mortgage Capital LLC ("CSFB") and has a term running through the earlier...
Jan 9, 2012
CHARLOTTE, N.C., Jan. 9, 2012 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), parent of LendingTree, LLC, announced today that Doug Lebda, Chairman and CEO will be presenting at the 14th Annual Needham Growth Stock Conference in New York on Thursday, January 12, 2012 at 2:10pm EST. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04466LOG...
Nov 11, 2011
CHARLOTTE, N.C., Nov. 11, 2011 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced for the quarter ended September 30, 2011, net income of $12.6 million, or $1.14 per share, compared to the $17.8 million net loss, or $1.62 per share, in the second quarter 2011.  This is an increase from the $1.8 million net income, or $0.16 per share in t...
Sep 30, 2011
CHARLOTTE, N.C., Sept. 30, 2011 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its third quarter 2011 results on Friday, November 11. Doug Lebda, chairman and chief executive officer, and Tamara Kotronis, senior vice president, will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participat...
Aug 12, 2011
CHARLOTTE, N.C., Aug. 12, 2011 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced for the quarter ended June 30, 2011, a net loss from continuing operations of $8.5 million, which improved $13 million from the prior quarter and declined $1.6 million from second quarter 2010.  Second quarter 2011 Adjusted EBITDA was a loss of $5.9 million...
Jul 13, 2011
CHARLOTTE, N.C., July 13, 2011 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it will release its second quarter 2011 results on Friday, August 12. Doug Lebda, chairman and chief executive officer, and Tamara Kotronis, senior vice president, will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participatin...
May 12, 2011
CHARLOTTE, N.C., May 12, 2011 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced for the quarter ended March 31, 2011, Adjusted EBITDA loss of $15.4 million, excluding discontinued operations. This is a reduction of $16.7 million from the prior quarter and a $17.3 million decrease from first quarter 2010.  First quarter 2011 revenue was ...
May 12, 2011
CHARLOTTE, N.C., May 12, 2011 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), today announced that it has reached a definitive agreement to sell substantially all of the operating assets of its Home Loan Center subsidiary to Discover Financial Services (NYSE: DFS), headquartered in Riverwoods, Illinois for a net purchase price of approximately $55.9...
May 12, 2011
CHARLOTTE, N.C., May 12, 2011 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it is rescheduling the release of its first quarter 2011 results from Thursday, May 12, at 10:00 AM Eastern Time, to Thursday, May 12 at 4:30 PM Eastern Time. Doug Lebda, chairman and chief executive officer, and Tamara Kotronis, senior vice president, ...
May 10, 2011
CHARLOTTE, N.C., May 10, 2011 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE), today announced the appointment of Gabriel Dalporto as Chief Marketing Officer (CMO) of Tree.com and LendingTree, LLC. In this role, Mr. Dalporto will lead all corporate marketing activities, including brand strategy, online marketing, offline advertising, CRM, affinity an...
May 4, 2011
CHARLOTTE, N.C., May 4, 2011 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that it is rescheduling the release of its first quarter 2011 results from Friday, May 6, to Thursday, May 12. Doug Lebda, chairman and chief executive officer, and Tamara Kotronis, senior vice president, will hold a conference call at 10:00 a.m. Eastern Time...
Mar 28, 2011
CHARLOTTE, N.C., March 28, 2011 /PRNewswire/ -- Tree.com, Inc. (Nasdaq: TREE) today announced that it will release its first quarter 2011 results on Friday, May 6. Doug Lebda, chairman and chief executive officer, and Tamara Kotronis, senior vice president, will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in...
Mar 1, 2011
CHARLOTTE, N.C., March 1, 2011 /PRNewswire/ -- Tree.com today announced that Bruce Cook has been named the vice president of business development for Tree.com and LendingTree, LLC. In this role, Mr. Cook will lead the development of new strategic initiatives and partnerships for all Tree.com verticals. Mr. Cook has over 12 years of experience in...
Feb 11, 2011
CHARLOTTE, N.C., Feb. 11, 2011 /PRNewswire/ -- Tree.com, Inc. (Nasdaq: TREE) today announced for the quarter ended December 31, 2010, Adjusted EBITDA of $0.3 million, a reduction of $5.2 million over the prior quarter and a $0.1 million decrease from fourth quarter 2009.  Fourth quarter 2010 revenue was $51.2 million, down from $53.2 million in the...
Dec 23, 2010
CHARLOTTE, N.C., Dec. 23, 2010 /PRNewswire-FirstCall/ -- Tree.com, Inc. (Nasdaq: TREE), the parent company of LendingTree, LLC, today announced the final results of its previously announced modified "Dutch auction" tender offer, which expired at 5:00 p.m., New York City time, on December 17, 2010. Based on the final count by BNY Mellon Shareowne...
Dec 22, 2010
CHARLOTTE, N.C., Dec. 22, 2010 /PRNewswire-FirstCall/ -- Tree.com, Inc. (Nasdaq: TREE) today announced that it will release its fourth quarter 2010 results on Friday, February 11. Doug Lebda, chairman and chief executive officer, and Tamara Kotronis, senior vice president, will hold a conference call at 11:00 a.m. Eastern Time. Those interested in ...
Dec 20, 2010
CHARLOTTE, N.C., Dec. 20, 2010 /PRNewswire-FirstCall/ -- Tree.com, Inc. (Nasdaq: TREE), the parent company of LendingTree, LLC, today announced the preliminary results of its previously announced modified "Dutch auction" tender offer, which expired at 5:00 p.m., New York City time, on December 17, 2010. Based on the preliminary count by BNY Mell...
Nov 18, 2010
CHARLOTTE, N.C., Nov. 18, 2010 /PRNewswire-FirstCall/ -- Tree.com, Inc. (Nasdaq: TREE), the parent company of LendingTree, LLC, today announced that it has commenced a modified "Dutch auction" tender offer to repurchase up to $15 million of its common stock for cash at a purchase price of not less than $7.25 nor greater than $7.75 per share. "Wi...
Nov 16, 2010
CHARLOTTE, N.C., Nov. 16, 2010 /PRNewswire-FirstCall/ -- Tree.com, Inc. (Nasdaq: TREE), the parent company of LendingTree, LLC,  today announced that its subsidiary, LendingTree Loans, has signed a definitive agreement to acquire assets of Louisville, KY-based SurePoint Lending, a DBA of First Residential Mortgage Network, Inc. The acquisition is e...
Oct 29, 2010
CHARLOTTE, N.C., Oct 29, 2010 /PRNewswire via COMTEX News Network/ -- Tree.com (Nasdaq: TREE) today announced the appointment of Steve Ozonian as the Chief Executive Officer of RealEstate.com, a division of Tree.com. In this role, Ozonian will lead the strategy to capitalize on RealEstate.com's best-in-class customer acquisition and processing sys...
Oct 29, 2010
CHARLOTTE, N.C., Oct 29, 2010 /PRNewswire via COMTEX News Network/ -- Tree.com, Inc. (Nasdaq: TREE) today announced the quarter ended September 30, 2010, Adjusted EBITDA of $5.5 million, an improvement of $2.1 million over the prior quarter and a $9.0 million improvement over the third quarter 2009's loss of $3.5 million. Tree's third quarter 2010...
Sep 24, 2010
CHARLOTTE, N.C., Sept 24, 2010 /PRNewswire via COMTEX News Network/ -- Tree.com, Inc. (Nasdaq: TREE) today announced that it will release its third quarter 2010 results on Friday, October 29. Doug Lebda, chairman and chief executive officer, and Tamara Kotronis, senior vice president, will hold a conference call at 11:00 a.m. Eastern Time. Those in...
Jul 29, 2010
CHARLOTTE, N.C., July 29, 2010 /PRNewswire via COMTEX News Network/ -- Tree.com, Inc. (Nasdaq: TREE) today announced second quarter 2010 Adjusted EBITDA of $3.4 million, an improvement of $2.6 million over the prior quarter and a $4.8 million decrease from the second quarter 2009. Tree's second quarter 2010 revenue was $45.8 million, down from $48...
Jun 14, 2010
CHARLOTTE, N.C., June 14, 2010 /PRNewswire via COMTEX News Network/ -- Tree.com, Inc. (Nasdaq: TREE) today announced that it will release its second quarter 2010 results on Thursday, July 29. Doug Lebda, chairman and chief executive officer, and Tamara Kotronis, senior vice president, will hold a conference call at 11:00 a.m. Eastern Time. Those in...
Apr 30, 2010
CHARLOTTE, N.C., Apr 30, 2010 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced Q1 2010 Adjusted EBITDA of $0.8 million, an improvement of $0.4 million over the prior quarter and an $8.4 million decrease from prior year. Tree's first quarter 2010 revenue was $48.0 million, up from $47.8 million in Q409. Includi...
Mar 11, 2010
CHARLOTTE, N.C., Mar 11, 2010 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it will release its first quarter 2010 results on Friday, April 30. Doug Lebda, chairman and chief executive officer, and Matt Packey, senior vice president and chief financial officer, will hold a conference call at 11:00 a.m....
Feb 23, 2010
CHARLOTTE, N.C., Feb 23, 2010 /PRNewswire via COMTEX News Network/ -- Tree.com, Inc. (Nasdaq: TREE) today announced a new strategic initiative that the Company expects to change the way consumers and businesses interact online when it comes to finding resources for life's most important financial decisions. Chairman and CEO Doug Lebda, speaking ex...
Feb 5, 2010
CHARLOTTE, N.C., Feb 5, 2010 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced Q4 2009 Adjusted EBITDA of $0.4 million, an improvement of $3.9 million over the prior quarter and a $0.6 million decrease from Q408. Tree's Q409 revenue, including the impact of loan loss settlements, was $47.8 million, down from $5...
Jan 11, 2010
CHARLOTTE, N.C., Jan 11, 2010 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it has completed multiple settlement negotiations which will end uncertainties to specific contingent liabilities and cash outflows. These matters include items related to intellectual property litigation previously described i...
Jan 7, 2010
CHARLOTTE, N.C., Jan 7, 2010 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it will release its fourth quarter 2009 results on Friday, February 5. Doug Lebda, chairman and chief executive officer, and Matt Packey, senior vice president and chief financial officer, will hold a conference call at 11:00 a....
Dec 28, 2009
CHARLOTTE, N.C., Dec 28, 2009 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it has entered into a limited extension of its $50mm mortgage warehouse line at its LendingTree Loans operation in Irvine, CA. PNC Bank had previously announced that it was exiting the warehouse business and existing warehouse ...
Dec 14, 2009
CHARLOTTE, N.C., Dec 14, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Tree.com, Inc. (Nasdaq: TREE) today launched LendingTreeAutos.com, a dedicated online portal to help consumers make smart decisions about buying their next car. The new site covers the full scope of car buying information, tools, and services, providing one-stop access ...
Dec 10, 2009
CHARLOTTE, N.C., Dec 10, 2009 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today released full year 2010 revenue and earnings guidance. The Company expects continued growth in its new consumer verticals, specifically Education and Home Services, as well as additional growth in Real Estate which positively impacts this gui...
Oct 30, 2009
CHARLOTTE, N.C., Oct 30, 2009 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it has added a new $75 million warehouse line as well as its financial results for its third quarter ended September 30, 2009. Tree's Q309 revenue was $50.7 million, which was a slight improvement over Q308 revenue of $50.3 mil...
Oct 30, 2009
CHARLOTTE, N.C., Oct 30, 2009 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it has added a new $75mm mortgage warehouse line at its LendingTree Loans mortgage operation in Irvine, CA. The new facility is made available by Chase Mortgage Warehouse Finance (a unit of JPMorgan Chase Bank, N.A.), has a ter...
Sep 18, 2009
CHARLOTTE, N.C., Sep 18, 2009 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it will release its third quarter 2009 results on Friday, October 30. Doug Lebda, chairman and chief executive officer, and Matt Packey, senior vice president and chief financial officer, will hold a conference call at 11:00 a....
Sep 16, 2009
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, LLCLendingTree, LLC is the nation's leading online lender exchange and personal finance resource, helping consumers take c...
Aug 26, 2009
CHARLOTTE, N.C., Aug 26, 2009 (BUSINESS WIRE) -- LendingTree filed a lawsuit yesterday against Mortech, Inc., a technology provider, for violating its contract with LendingTree. According to the lawsuit, Mortech, whose technology helps automate lender offer pricing, violated its contractual covenants by partnering wi...
Jul 30, 2009
CHARLOTTE, N.C., July 30, 2009 - Tree.com, Inc. (NASDAQ: TREE) today announced financial results for its second quarter ended June 30, 2009 with $0.07 earnings per share on net income of $700,000. Q209 Revenue was $61.0 million, which was a $3.7 million increase quarter-over-quarter. Excluding certain items, Q209 Adjusted EBITDA was $8.2 mill...
Jul 21, 2009
CHARLOTTE, N.C., July 21, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Tree.com today announced that it acquired certain assets of San Francisco, CA-based LeadRelevance, an interactive direct marketing company specializing in lead generation for the for-profit, post-secondary education market, from Webloyalty. The acquisition will expand ...
Jul 1, 2009
Jun 8, 2009
CHARLOTTE, N.C., June 8, 2009 (GLOBE NEWSWIRE) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it will release its second quarter 2009 results on Thursday, July 30. Doug Lebda, chairman and chief executive officer, and Matt Packey, senior vice president and chief financial officer, will hold a conference call at 11:00 a.m. Eastern Time. Those ...
May 1, 2009
CHARLOTTE, N.C., May 1, 2009 - Tree.com, Inc. (NASDAQ: TREE) today announced Q109 net income of $3.2 million, which was a $10.2 million increase over Q408 and a $13.0 million increase over Q108. Revenue for this first quarter was $57.3 million, a $9.2 million increase quarter-over-quarter and a $12.9 million decrease year-over-year. ...
Apr 2, 2009
CHARLOTTE, N.C., April 2, 2009 (GLOBE NEWSWIRE) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it will release its first quarter 2009 results on Friday, May 1. Doug Lebda, chairman and chief executive officer, and Matt Packey, senior vice president and chief financial officer, will hold a conference call at 11:00 a.m. Eastern Time. Those inte...
Mar 9, 2009
CHARLOTTE, N.C., March 9, 2009 - Tree.com, Inc. (NASDAQ: TREE) today provides an update to its Q1 2009 financial outlook. Chief Financial Officer Matt Packey states, "After seeing January's trends, we had initially expected Q1 to weaken from December's record volume levels. However, falling interest rates in February and ongoing ...
Mar 4, 2009
CHARLOTTE, N.C., March 4, 2009 (GLOBE NEWSWIRE) -- Today, Tree.com, Inc. (Nasdaq:TREE) announces new leadership appointments at RealEstate.com. Tree.com named Greg Hanson Senior Vice President and General Manager of RealEstate.com. In this role, Mr. Hanson is responsible for leading continued growth and innovation in all segments of RealEstate.c...
Feb 9, 2009
CHARLOTTE, N.C., Feb. 9, 2009 (GLOBE NEWSWIRE) -- Doug Lebda, Chairman and CEO of Tree.com, Inc. (Nasdaq:TREE), agreed to purchase 935,000 newly issued shares of unregistered restricted common stock from the company at $3.91 per share, based on the Friday, February 6, 2009 closing share price. "We're pleased that Doug is making this statement of...
Feb 5, 2009
CHARLOTTE, N.C., February 5, 2009 - Tree.com, Inc. (NASDAQ: TREE) today announced financial results for its fourth quarter ended December 31, 2008. Q408 Adjusted EBITDA was ($0.8) million, which was a $7.4 million increase quarter-over-quarter and a $13.8 million increase year-over-year. Doug Lebda, Chairman and CEO of Tree.com, ...
Feb 4, 2009
CHARLOTTE, N.C., Feb. 4, 2009 (GLOBE NEWSWIRE) -- Today, Tree.com, Inc. (Nasdaq:TREE) announces the acquisition of assets of Thrive (www.justthrive.com) from Loudwater Labs, Inc. JustThrive.com is a free, easy-to-use Web site designed to help consumers monitor, manage and improve their financial health. With its patent-pending personal finance advi...
Jan 26, 2009
CHARLOTTE, N.C., Jan. 26, 2009 (GLOBE NEWSWIRE) -- Tree.com, Inc. (Nasdaq:TREE) will participate at the Deutsche Bank Small Cap Conference in Naples, Florida on Tuesday, February 10, 2009. Senior Vice President and CFO Matt Packey's presentation will begin at 9:20 a.m. Eastern Time (ET). A live audiocast of the keynote will be available to the publ...
Jan 26, 2009
CHARLOTTE, N.C., Jan. 26, 2009 (GLOBE NEWSWIRE) -- Tree.com, Inc. (Nasdaq:TREE) today announces the appointment of Patrick L. McCrory to the company's Board of Directors. Mr. McCrory is a partner with McCrory & Company and is also serving his seventh and final term as the Mayor of Charlotte, N.C. "We are honored to welcome Pat to the Tree.com Boar...
Jan 9, 2009
CHARLOTTE, N.C., Jan. 9, 2009 (GLOBE NEWSWIRE) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it will release its fourth quarter 2008 results on Thursday, February 5. Doug Lebda, chairman and chief executive officer, and Matt Packey, senior vice president and chief financial officer, will hold a conference call at 11:00 a.m. Eastern Time. Tho...
Dec 19, 2008
CHARLOTTE, N.C., Dec. 19, 2008 (GLOBE NEWSWIRE) -- Tree.com, Inc. (Nasdaq:TREE) will participate at the Citi 19th Annual Global Entertainment, Media & Telecommunications Conference in Phoenix, Arizona on Tuesday, January 6, 2009. Chairman & CEO Doug Lebda's fireside chat will begin at 5:10 p.m. Eastern Time (ET). A live audiocast of the keynote wil...
Dec 8, 2008
CHARLOTTE, N.C., December, 8, 2008 – Today RealEstate.com announces the acquisition of certain assets of Tampa-based New Homes Realty, Inc. New Homes Realty is an online real estate company operating in 11 metro areas across the country and utilizing a network of approximately 200 licensed real estate agents and brokers. In addition, the comp...
Nov 21, 2008
ARMONK, N.Y. – November 21, 2008 – IBM (NYSE: IBM) today announced a multi-year, exclusive contract with Tree.com, Inc.'s (NASDAQ: TREE) LendingTree Loans sm, the company's consumer direct online mortgage lender, to provide comprehensive, private label mortgage loan fulfillment services. IBM's wholly owned subsidiary, IBM Lender B...
Oct 30, 2008
CHARLOTTE, N.C., October 30, 2008 - Tree.com, Inc. (NASDAQ: TREE) today announced financial results for its third quarter ended September 30, 2008. Adjusted EBITDA increased $5.3MM or 39% year-over-year despite a $24.7 million decline in revenue year-over-year.   "We continue to navigate our way through an obviously difficult...
Oct 2, 2008
CHARLOTTE, N.C., Oct 2, 2008 (GlobeNewswire via COMTEX News Network) -- Tree.com, Inc. (Nasdaq:TREE) today announced that it will release its third quarter 2008 results on Thursday, October 30. Doug Lebda, chairman and chief executive officer, and Matt Packey, senior vice president and chief financial officer, will hold a conference call at 11:00 a...
Oct 1, 2008
CHARLOTTE, N.C., Oct 01, 2008 /PRNewswire via COMTEX News Network/ -- Inman News this week named Doug Lebda, Tree.com (Nasdaq: TREE) chairman and CEO, and Bret Violette, president of RealEstate.com, to the '100 Most Influential Real Estate Leaders' list. Inman News compiles the industry leading list annually and includes the 100 most influentia...
Aug 21, 2008
CHARLOTTE, N.C., August 21, 2008 - Tree.com, Inc. marks its first day as an independent, public company following its separation from IAC (NASDAQ: IACI). Tree.com, Inc. now trades on NASDAQ under the symbol TREE. Tree.com, Inc. is the parent of several well-known brands and businesses in the financial services and real estate indu...
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