LendingTree posted 2Q/02 revenue of $24.5 million, which is $3.2 million, or 15%, greater than the first quarter and $8.7 million, or 55%, greater than the revenue for the second quarter of 2001. Net loss for the quarter was $1.1 million, $1.7 million less than the first quarter, and $11.2 million less than the same quarter in 2001. LendingTree says that for the first time ever, the quarterly transmit rates for its mortgage and home equity products both exceeded 80%, and the average number of lenders to whom these loan requests were transmitted exceeded three. Another significant factor in LendingTree’s revenue growth was its average closing rate, which increased to an all-time high of 14.0%, up from 11.4% in the first quarter, an improvement of nearly 23%. For 2003, LendingTree expects to grow revenue by 30% to $126.0 million and to earn net income of $9.2 million. For complete details on LendingTree’s 2Q/02 results visit CardData ([www.carddata.com]).