Zillow acquires fast-growing mortgage lender


Mortgage Lenders of America LLC reached an agreement to be acquired by Zillow Group Inc.

Seattle-based Zillow (Nasdaq: Z) is one of the largest real estate brands, recording $1.07 billion in revenue in 2017. Founded in 2000, the Overland Park-based home loan provider grew to $54.07 million in revenue in 2017. Financial terms of the deal were not disclosed.

Mortgage Lenders of America will continue to participate in Zillow's mortgage marketplace. Philip Kneibert, president of Mortgage Lenders of…

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