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by CareyBot

The real estate segment at InterActiveCorp, the parent company to LendingTree and RealEstate.com, had an operating loss of $5.4 million for the third quarter, compared with an operating loss of $2.8 million in third-quarter 2004, the company reported today. Revenue for the real estate services segment was up 102 percent – from $8.1 million in third-quarter 2004 to $16.3 million in third-quarter 2005. Meanwhile, the company's lending operations improved from an operating income of $2.6 million in third-quarter 2004 to $25.3 million in third-quarter 2005. Revenue for that segment improved 258 percent – from $39.9 million in third-quarter 2004 to $142.8 million in third-quarter 2005. "The significantly higher revenue and profit generated from the loans LendingTree is closing i...