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Announced

Zillow Group acquired Mortgage Lenders of America.

Synopsis

Zillow Group, which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and the web, acquired Mortgage Lenders of America, a national mortgage lender, headquartered in Overland Park, Kansas. Financial terms were not disclosed. The acquisition of Mortgage Lenders of America will allow Zillow Group to streamline and shorten the home-buying process for consumers who purchase homes through Zillow Offers. This is consistent with Zillow Group's strategy to create a better home-buying experience by building products that ease and simplify the transaction.

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