By Mecklenburg Times staff reports
Published: May 13,2011
Tree.com said it had a larger net loss in the first quarter than in the same period a year ago. The Charlotte-based company logged a net loss of $39.5 million, or $3.63 per share, compared with a net loss of $6.1 million, or 56 cents per share, in the year-ago quarter. CEO Doug Lebda said the latest quarter’s [...]
By The Associated Press
Published: November 1,2010
PHOENIX — A subsidiary of Charlotte-based Tree.com that advertised home loans with low initial “teaser rates” without disclosing their risks will pay $1.15 million to Arizona to settle a lawsuit. The state alleged that Irvine, Calif.-based mortgage company Home Loan Center Inc. advertised payment option mortgages to consumers from August 2004 through July 2007 and [...]
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