LendingTree Posts 4th Straight Quarterly Loss
Also announces launch of new Win Card credit card, exclusively for MyLendingTree members.
Also announces launch of new Win Card credit card, exclusively for MyLendingTree members.
Inflation, high interest rates among reasons cited.
Results still beat analysts' expectations.
With interest rates rising what does the future hold for the cash-out refi?
With waning affordability and rising mortgage rates purging the market, both LendingTree and First American saw a recent uptick in adjustable rate mortgages.
Salt Lake City topped the list and San Francisco brought up the rear.
Reported a net loss from continuing operations of $10.8 million, compared to a $48.4 million profit in the fourth quarter of 2021.