Lending Tree Lawsuit

Click on the link for the lawsuit story.

Many people don't understand how loans are processed. Lending Tree's slogan about banks competing for your loans is how most every loan is done. Banks typically only deal with their own loans but mortgage brokers check different banks for the best deal.
Though they may have access to 100 different banks, quite often they deal with 10 to 15 because they offer the best deals and understand their processing.