LendingTree, Wachovia Sub Join Forces

LendingTree Inc., Charlotte, N.C., and GreenLink LLC, a subsidiary of Charlotte-based Wachovia Corp., have announced a joint venture under which a newly formed vendor management company based in Jacksonville, Fla., will offer real estate settlement services.The new company, LendingTree Settlement Services, will offer appraisals, flood insurance, title services, and closing services, the companies said. LendingTree, an online exchange that connects consumers with lenders and Realtors, is the majority owner, but the terms of the deal were not disclosed. GreenLink is Wachovia's settlement services subsidiary. The companies can be found online at http://www.lendingtree.com and http://www.wachovia.com.