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House price appreciation slows further
Myers web property purchased by CarsDirecttype author here..lead technology, BestRate.com, LoanApp.com, mortgage Web sites
CarsDirect has acquired several mortgage Web site properties
from Myers Internet Inc. As part of the agreement, CarsDirect
acquires Myers' mortgage lead technology platform and its consumer
brands BestRate.com and LoanApp.com. The acquisitions will
complement CardDirect's current mortgage Web sites, LoanStore.com
and CheckInterestRates.com. The company also operates the
automotive and home financing sites CarsDirect.com, Autos.com,
LoanStore.com and CheckInterestRates.com.
"Welve been very impressed with the CarsDirect vision and
management team, and believe that they are the right company to
take our consumer brands BestRate.com and LoanApp.com to the next
level," said Warren Myer, CEO of Myers Internet.
Based in Los Angeles, CarsDirect is a network company of
Idealab, a creator and operator of technology businesses.
Headquartered in San Jose, Calif., Myers Internet Inc. provides Web
hosting, lead generation and back-office systems to mortgage
originators and real estate agents.
For more information, visit www.carsdirect.com or www.myersinternet.com.
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