Exhibit 99.1
August 23, 2002
Senior Vice President – Business Development
Federal Home Loan Mortgage Corporation
8200 Jones Branch Drive
MS B3A
McLean, Virginia 22102
Fax (703) 903-3410
| Re: | Termination of Revolving Credit Facility dated as of March 7, 2001 (the “Credit Agreement”) by and between LendingTree, Inc. (the “Borrower”) and the Federal Home Loan Mortgage Corporation |
Dear Sir or Madam:
Pursuant to Section 7.06 of the above-referenced Credit Agreement, Borrower hereby terminates the Credit Agreement effective as of 12:01 AM August 30, 2002.
/s/ Matthew Packey
Matthew Packey
Vice President — Controller
cc:
Federal Home Loan Mortgage Corporation
8200 Jones Branch Drive
MS 208
McLean, VA 22102
Fax (703) 903-2781
Attention: Associate General Counsel — Securities
Federal Home Loan Mortgage Corporation
8200 Jones Branch Drive
MS 268
McLean, VA 22102
Fax (703) 903-4205
Attention: Greg Reynolds, SVP Business Development-Finance
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