Pricing and decisioning vendor Mortech Inc., Lincoln, Neb., has settled a lawsuit with online mortgage comparison site LendingTree. LendingTree filed a federal lawsuit against Mortech, seeking an injunction preventing the company from collaborating with Google on a competing service. In the lawsuit filed in Charlotte, N.C., LendingTree claimed Mortech had violated an exclusivity agreement by working with Google. Terms of the settlement were not disclosed, and both companies would not comment on the dispute resolution. A call to Google about the suit also had not been returned at deadline. Mortech Inc. has no connection to industry research firm MORTECH LLC, Guilford, Conn.
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