August 23, 2002

Exhibit 99.1

August 23, 2002

Senior Vice President – Business Development
Federal Home Loan Mortgage Corporation
0000 Xxxxx Xxxxxx Xxxxx
XX X0X
XxXxxx, Xxxxxxxx 00000
Fax (000) 000-0000

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/ Xxxxxxx Xxxxxx

Xxxxxxx Xxxxxx
Vice President — Controller

cc:
Federal Home Loan Mortgage Corporation
0000 Xxxxx Xxxxxx Xxxxx
XX 000
XxXxxx, XX 00000
Fax (000) 000-0000
Attention: Associate General Counsel — Securities

Federal Home Loan Mortgage Corporation
0000 Xxxxx Xxxxxx Xxxxx
XX 000
XxXxxx, XX 00000
Fax (000) 000-0000
Attention: Xxxx Xxxxxxxx, SVP Business Development-Finance

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