LendingTree Milestones

1996

• LendingTree founded by Doug Lebda and his wife, Tara Garrity, Jamey Bennett and Rick Stiegler.

1998

• LendingTree introduces Web site at www.lendingtree.com, creating a competitive marketplace where lenders compete for consumers’ loan business.

1999 

• LendingTree launches brand advertising campaign, When Banks Compete, You Win®.

2000

• LendingTree becomes official mortgage and real estate partner of Costco. 
• LendingTree enters affinity marketing partnership with Delta Airlines.
• LendingTree IPO.

2001

• LendingTree enters affinity marketing partnership with Continental Airlines.
• LendingTree enters affinity marketing partnership with Northwest Airlines.
• Iconic “Perfect Life” TV ads launched (also known as “I’m Stanley Johnson”).

2002

• LendingTree enters affinity marketing partnership with US Airways.
• LendingTree enters affinity marketing partnership with United Airlines.

2003

• LendingTree partners with AutoTrader.com.
• LendingTree acquired by USA Interactive (now IAC/InterActiveCorp).
• LendingTree acquires GetSmart.com.
• LendingTree acquires RealEstate.com.
• LendingTree named ‘Company of the Year’ by North Carolina Electronics and Information Technologies Association.
• LendingTree ranked #18 by the Deloitte Technology Fast 500.
• LendingTree ranked #1 ‘Technology Company’ by the North Carolina Fast 50.
• LendingTree awarded ‘Best Place to Work’ by the Charlotte Business Journal.
• LendingTree awarded 2nd place among NC Hi-Tech Companies.

2004

• LendingTree acquires Domania.com.
• LendingTree acquires HomeLoanCenter.com and forms LendingTree Loans.
• LendingTree acquires iNest.
• LendingTree launches Smart Borrower education and advocacy program.

2005

• LendingTree partners with Alaska Airlines.
• LendingTree becomes one of the title sponsors for the annual HGTV Dream Home Giveaway.

2006

• LendingTree reaches milestone of 20 million customers, with more than $152 billion in closed loan transactions.

2007

• LendingTree becomes strategic marketing partner of The PGA TOUR.
• LendingTree launches High Yield Savings Account marketplace.
• LendingTree enters affinity marketing partnership with American Airlines.

2008

• LendingTree spun-off from IAC/InterActiveCorp to join newly established Tree.com, Inc. (NASDAQ: TREE).