CarsDirect Buys Select Myers Properties

Los Angeles-based CarsDirect has acquired several mortgage website properties from Myers Internet Inc.The terms of the transaction were not disclosed. As part of the agreement, CarsDirect acquires Myers' mortgage lead technology platform and its consumer brands BestRate.com and LoanApp.com. The acquisition was designed to accelerate the growth of CarsDirect's mortgage business and complement its current consumer-facing mortgage websites -- LoanStore.com and CheckInterestRates.com, the company said. Myers can be found on the Web at http://www.myers.com.

Processing Content

For reprint and licensing requests for this article, click here.
Mortgage technology
MORE FROM NATIONAL MORTGAGE NEWS
Load More