Mortgage technology

Bankrate to Buy 3 Mortgage Websites

August 02, 2006, 2:00 p.m. EDT 1 Min Read

Bankrate Inc., New York, has announced an agreement to acquire three websites from East West Mortgage Inc. for $4.4 million in cash.The websites are Mortgage-calc.com, Mortgagecalc.com, and Mortgagemath.com. "We intend to leverage the consumer traffic generated by these websites into the Bankrate.com offering within the next week," said Thomas R. Evans, president and chief executive officer of Bankrate Inc. Bankrate can be found on the Web at http://www.bankrate.com.

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Mortgage technology

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