Mortgage Match Loses its Lender

Mortgagematch.com, the loan origination website launched late last year by  Move Inc., is no longer pairing borrowers with loans and home listings.

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The site originally included an automated pricing engine for the portfolio of loan products from Houston-based Cornerstone Mortgage Co., an online application and prequalification tool, as well as consumer-focused information and articles about mortgage-related topics.

Now, the site is a shell of its former self, only providing the articles, but not loan search or online application tools. Neither company immediately returned calls and emails requesting comment.

It’s unclear whether Move or Cornerstone terminated the Mortgage Match relationship—though of late, Cornerstone has been embroiled in its own controversy that may have led to the site’s demise.

In June, the lender reached a settlement with the Department of Housing and Urban Development over discrimination allegations that it denied loans to women who were pregnant or on maternity leave. Cornerstone paid one woman $15,000, while setting up a $750,000 victims’ fund to compensate other potential victims.

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Originations Mortgage technology
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