Lending Tree Inc., Charlotte, N.C., has reported that General Motors Acceptance Corp. has dismissed a recently filed complaint alleging that LendingTree was attempting to trade on GMAC's reputation by using or appropriating GMAC's trademark as a domain name.LendingTree quoted GMAC counsel Charles H. Ellerbrock as stating, "Once we learned that LendingTree had not used 'GMAC' in an Internet domain name, we withdrew the complaint. LendingTree was very gracious about the whole thing." LendingTree, an operating business of IAC/InterActiveCorp., can be found online at http://www.lendingtree.com.
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While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
31m ago -
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24 -
A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.
April 24 -
The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.
April 24