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LendingTree Is Booming, and Its Stock Soaring, As More Borrowers Shop Online

LendingTree Is Booming, and Its Stock Soaring, As More Borrowers Shop Online

The company’s revenues from connecting customers with competing mortgage lenders—which accounts for just under half of its business—grew by 28% in the first six months of 2017 despite a 4.2% overall decline in U.S. mortgage originations. And LendingTree’s fees from non-mortgage products—franchises encompassing personal loans, credit cards, and home equity—fared even better, rocketing up 112%.

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