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Google Plan to Link Borrowers and Lenders Leads to Lawsuit 

Aug 26, 2009By

A lawsuit filed by online mortgage loan aggregate LendingTree alleges that technology provider Mortech infringed on the operating business agreement between the two firms when the latter decided to partner with websearch behemoth Google. According to the lawsuit, Mortech, whose technology helps automate lender offers to potential borrowers, violated its contractual covenants by partnering with Google to launch an online mortgage loan aggregate service similar to that offered by LendingTree.

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