Zillow to Buy Mortgage Lender to Help With Its Home Flipping

The Zillow Group Inc. application is displayed on an Apple Inc. iPhone.

Photographer: Chris Goodney/
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Zillow Group Inc. started buying and selling homes this year. Now it plans to write mortgages, too.

The home-listings website operator is acquiring Mortgage Lenders of America, an Overland Park, Kansas-based lender, Zillow said in a statementBloomberg Terminal Monday. The terms of the transaction weren’t disclosed.