Link to a forum : Lending Tree Good/Bad?

01-18-2008
12 posts

Opening post of this forum :

"Let's get the goods on the lending tree experience. I would like to know the best pros and the worst cons. I have not seen a thread that addresses this, but if it is out there could someone post it.

Best Regards,
Jacopo"

see this forum at : http://www.city-data.com/forum/mortgages/236167-lending-tree-good-bad.htmlhttp://www.city-data.com/forum/mortgages/236167-lending-tree-good-bad.html

News : Data Breach Victims File Lawsuit Against LendingTree

By Stefanie Hoffman, ChannelWeb
8:00 PM EDT Per. May. 22, 2008

Online mortgage referral company LendingTree is facing a lawsuit after a security breach in which company employees allegedly allowed mortgage lenders access to customer's confidential information.

Altogether, the lawsuit maintained that former company employees gained unauthorized access to sensitive information contained in its loan request forms by using old passwords.

Plaintiffs in the suit, which was filed in the U.S. District Court in Manhattan, N.Y., contend that Lending Tree failed to implement adequate security measures to keep customer's information secure. The employees then used that information, which included names, addresses, phone numbers, Social Security numbers, income and other personal data, to market their own mortgage loans to customers.

The class-action lawsuit represents all LendingTree customers who submitted loan request forms to the company between Jan. 1 2006 and May 1, 2008. ...

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News : LendingTree sued over data breach

Posted by Elinor Mills 7 comments

One month after suing three lending firms, LendingTree has now been sued by a Bronx man who claims a security breach with the mortgage site has harmed his credit score, led to higher credit card interest rates, and resulted in him getting rejected for at least one loan.

The lawsuit against LendingTree, filed late last week in U.S. District Court in Manhattan, seeks class action status. Filed on behalf of Marvin Garcia, it alleges that LendingTree was negligent in failing to keep customer personal information secure and failing to notify customers of the security breach in a timely manner.

The breaches--which involved names and Social Security numbers among other personal information--are believed to have begun in October 2006, but LendingTree did not notify customers until last month.

LendingTree also is placing the responsibility and cost on customers for monitoring their credit reports and trying to repair negative impacts on their credit history from the breach, the lawsuit says.....

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Link to a forum : e-Loan, LendingTree: opinions?

Posted by: Seacrest (IP Logged)
Date: March 07, 2007 12:49PM
8 posts

Opening post of this forum :

"I'm thinking of putting myself in hock* for the rest of my life.
Wanted to know what your experiences were with either of these companies, if any.
Also, if you considered using them, but went with a broker instead, I'd like to know why.

Thanks.

*Mortgage, first-time homebuyer."

see this forum at : http://forums.macresource.com/read/1/261096

News : Diller Wins His Court Battle - But Can IAC Succeed?

posted on: April 01, 2008 | about stocks: IACI

Barry Diller won a court battle Monday against Liberty Media’s John Malone. Now Diller can finally go ahead with his plan to break up InterActive Corp. into five pieces—HSN, Ticketmaster, Lending Tree, Interval International, and the new IAC (Ask.com, Bloglines, Citysearch, Evite, iWon, Match.com, BustedTees, Vimeo, GarageGames, and CollegeHumor). Malone, IAC’s largest shareholder, was trying to prevent the spin-offs from happening.

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News : $120 Mil.+ Wachovia Review Begins

Mullen, Carat Interactive handle offline, online chores for the financial services firm

March 28, 2008

-By Adweek Staff

NEW YORK Wachovia has placed its online and offline creative and media in review and is in the process of hiring a search consultant to oversee the process, a client representative said today.

The Charlotte, N.C.-based bank spent $120 million in measured media last year, per Nielsen Monitor-Plus. Both offline and online assignments are in play, with a decision expected sometime in the third quarter, the rep said.

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News : Subprime Loss Strikes Health Insurer

Universal American reports that "investment income is an important part of our total revenues and profitability.

Stephen Taub
CFO.com | US

March 19, 2008

Another non-bank company is feeling the effects of the subprime crisis. Universal American Corp., which provides a broad array of health insurance and managed care products and services, mainly to senior citizens, announced that it would write down $26.7 million worth of sub-prime holdings. The company took the action after its auditors concurred that the market value of the securities became "other than temporarily impaired" as of year-end....

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