Thursday August 27, 2009

Is Google Entering the Mortgage Quote Business?

People that think Google is becoming an all-powerful borg, assimilating everything in its path, have just been given a little more ammo. Let’s see, you can search Google for homes for sale. Search Google for lenders. Use Google Earth to view the home and finally, use Google to get loan offers online. Google can also help you with driving directions and a moving service in your area.

But according to the complaint, filed in United States District Court for the Western District of North Carolina, Mortech plans to make its technology available to Google, which, in turn, plans to release a service that competes with LendingTree. The complaint alleges that would be a violation of a contract between LendingTree and Mortech.

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