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LendingTree sees jump in home equity lending
By: PRNewswire//December 30, 2015//
Listen to this articleCharlotte-based LendingTree has added 14 lenders to its online home equity marketplace after seeing a 63 percent increase this year in customer requests.
“This resurgence is fueled by several factors including home value appreciations and a strengthening housing market, which is attracting more borrowers and lenders to an expanding home equity market,” said Doug Lebda, founder and CEO of LendingTree. “Consumer confidence and improving equity positions are allowing borrowers to access the equity in their homes.”
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