Zillow Entering Mortgage Business with Acquisition of Mortgage Lenders of America
Prior to the acquisition Zillow helped homebuyers find homes and served as lead generation for third-party lenders; now Mortgage Lenders of America, a Kansas based online lender will be included on Zillow’s mortgage marketplace; the company hinted at new tools and partnerships coming as a result of the acquisition; Mortgage Lenders of America originated 4,400 loans in 2017 and currently has 300 employees. Source
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