Keynoting the REConnect Conference in San Francisco, LendingTree founder Doug Lebda predicted that the survivors of the current mortgage liquidity crunch will grow bigger and stronger.While mortgage lenders may not want to become part of a conglomerate -- as his company did when he sold it to Barry Diller's IAC -- he said LendingTree itself has thrived under the IAC umbrella. Mr. Lebda reassured lenders that LendingTree will remain more of a marketplace facilitator than a competitor to mortgage lenders. He said its slice of the mortgage origination market will remain tiny as LendingTree concentrates on building business on the real estate side. LendingTree can be found online at http://www.lendingtree.com.
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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
August 11 -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
August 11 -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
August 11 -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
August 11 -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
August 11








