Google eyes mortgage lending service

LendingTree sues vendor Mortech

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Google is planning to launch a service in late August or early September that would provide Web surfers with loan offers from mortgage lenders, according to a lawsuit by LendingTree that seeks to stop the project in its tracks.

LendingTree filed suit Tuesday against Mortech Inc. — the company that provides the "pricing engine" lenders use to generate loan offers through LendingTree — saying the company is barred from providing the same services for other companies.