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Doug Lebda
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Frustrated by getting his first mortgage, Doug Lebda saw a need to empower consumers in what is, for most, the largest financial transaction in their lives –- financing their home. He envisioned a process where lenders would compete for the borrower’s business in a fair and open marketplace. And through this process, lenders would be able to connect with exactly the right consumers to grow. With that vision, LendingTree.com was founded in 1996 and has revolutionized how consumers shop for loans and how lenders reach new customers, recently helping the 30 millionth borrower through the mortgage process.
 
After the company was founded in 1996, it was launched nationally in July 1998. Doug led LendingTree through a successful IPO in 2000, through the dot-com meltdown of 2001 and a successful sale to IAC/InteractiveCorp in 2003. From 2005 to 2008, Doug served as IAC’s President and Chief Operating Officer, leading the company through a transition from a holding company to a unified operating company. In 2008, Doug rejoined Tree.com as it spun out from IAC as a separate public company. Today, Tree.com connects consumers and businesses more broadly than just mortgages including cars, auto finance, education and home services.
 
In 2010, Doug launched the LendingTree Foundation which empowers individuals in their personal financial lives through education, action and support by matching clients with personal financial coaches. He’s also a former Trustee for the Darden School Foundation and a former Board member of the Bucknell Alumni Board.
 
In addition to LendingTree and his non-profit work, Doug helps lead other companies that are transforming the way consumers transact online. He’s the Chairman of the Board of Recyclebank (recently named one of the 50 most innovative companies in the world), Co-Founder of Tykoon (an innovative financial platform for families and children) and is an active mentor and angel investor. In his free time, he enjoys time with his 3 daughters, is an avid runner and enjoys an occasional round of golf. He’s also completed two ironman triathlons, and recently summited Mount Rainier with a group of LendingTree employees.

Entries by Doug Lebda

New Age Lending and the Evolution of Credit

(0) Comments | Posted April 9, 2014 | 12:44 PM

I originally founded LendingTree out of my frustration getting a loan from a bank. The process was cumbersome and time-consuming, and it didn't make sense to me why there wasn't a transparent marketplace for the cost of money, similar to marketplaces for the cost of other goods and...

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Is the Government Shutdown Roadblocking U.S. Housing Recovery?

(7) Comments | Posted October 4, 2013 | 5:15 PM

If you're considering buying or refinancing a home and you need a VA, USDA or FHA mortgage, the government shutdown might seem like a detour on your path to home financing. Headlines are touting that borrowers won't be able to get government loans during the shutdown, sending the housing recovery...

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Is a Housing Industry Recovery Just Around the Bend?

(2) Comments | Posted January 21, 2013 | 3:29 PM

The Consumer Financial Protection Bureau released its long-awaited requirements for assessing a borrower's ability to repay a mortgage loan, which included the definitions of 'safe' loans or "qualified mortgages" (QM). Since Dodd-Frank, the pending definitions have caused tremendous uncertainty in the mortgage lending business, causing lenders to tighten their lending...

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Why Is It So Hard to Get a Mortgage?

(3) Comments | Posted October 12, 2012 | 10:40 AM

It is a common question among U.S. consumers who were denied a home loan or who have been required to provide lenders with everything but a blood sample in order to qualify for a loan. The housing market is beginning to show signs of recovery, but why isn't the mortgage...

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The Most Costly Mortgage Mistake

(1) Comments | Posted September 12, 2012 | 10:10 AM

In the aftermath of the housing market crash and the global financial crisis lenders and borrowers alike are cautious about the mortgage process. Lenders have severely tightened lending standards as a result of the new regulatory environment and many consumers approach the mortgage process with trepidation and anxiety, thinking they...

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Taking the Plunge: Considerations for First-Time Homebuyers in Today's Housing Market

(0) Comments | Posted May 18, 2012 | 6:47 PM

The spring and summer months not only signal wedding season but usually also include the annual home-buying rush. In the past, it's been common for a couple to get married and buy a house together. But the housing market today is unpredictable which raises the question: how will the unstable...

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Teaching Children the Value of a Dollar in a Debt-Filled World

(0) Comments | Posted April 23, 2012 | 11:53 AM

April is National Financial Literacy Month. In the wake of the recent financial crisis, a greater emphasis has been placed on the need to educate consumers about personal finances so we can avoid the pitfalls that threw us into this unprecedented economic turmoil. Yet, credit card debt remains a national...

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Housing Doom to Housing Boom: Five Fixes to Keep the U.S. Housing Market on Track

(1) Comments | Posted March 15, 2012 | 2:49 PM

Since the housing bust of 2008, a new reality has set in when it comes to the dream of home ownership. For the first time this century, we have a younger generation that may not do as well as its parents did. A generation that questions if the financial stability...

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