Online Mortgages

Shares of Lendingtree Inc (NASDAQ: TREE) gained nearly 10 percent Thursday. Nat Schindler of Bank of America upgraded the stock to Buy from Neutral with an unchanged $122 price target. The analyst highlighted the company's an offline-to-online transition to a "huge market....

Quicken Loans, an online mortgage lender, recently announced a new program called "Rocket Mortgage." Rocket Mortgage claims to "simplify" the mortgage approval process. Quicken Loans' new initiative comes just one day after Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) introduced mortgages to its...