Bankrate Buys MMIS, FastFind for $40 Million

Bankrate, the online banking and personal finance info site, has bought out two sites/services: MMIS/Interest.com for $30 million in cash and Wescoco/FastFind, $10 million.

MMIS publishes mortgage guides in over 300 newspapers and operates Interest.com, a site which publishes financial rates and information connecting consumers with lenders. FastFind, headquartered in SF sells consumer leads to lenders for mortgages, home-equity loans, auto financing and online education.

Mopre details in releases here and here

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