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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Zombie properties rose quarter over quarter in 38 states and the District of Columbia, according to Attom's latest Vacant Property and Foreclosure Report.
3h ago -
The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.
11h ago -
Delinquencies among recent FHA originations are showing up alongside a notable volume of subordinate liens carried by the borrowers.
11h ago -
The share of sellers dropping their asking price fell in April as buyer demand picked up, though Sun Belt markets — especially in Texas — still saw widespread price cuts.
May 20 -
The real estate investment trust, while reporting a first quarter net loss, benefitted from growth and stable margins in its three mortgage production units.
May 20 -
The co-author of the landmark Dodd-Frank Act and progressive congressional trailblazer Rep. Barney Frank, D-Mass., has died.
May 20









