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LendingTree CEO Focused on App and Digitized Mortgage Experience

LendingTree CEO Focused on App and Digitized Mortgage Experience

"The two major efforts at the company right now are My LendingTree and the new mortgage experience we're working on — from a technical standpoint — obviously we're growing the other businesses that continue to perform great, and we continue to make acquisitions, but those are the two highest business/tech priorities that we have going on," LendingTree Chief Executive Officer Doug Lebda told TheStreet in a phone interview.

Speaking more broadly about M&A opportunities, Ledba said the company is looking at "any financial services product that lends itself to comparison shopping makes sense for LendingTree." LendingTree has been working to diversify its business through disciplined M&A, and the company recently bought Student Loan Hero, a personal finance website that helps borrowers manage their student debt, and Ovation Credit Services, a provider of credit services.

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