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October 28 , 2021 lendingtree® Exhibit 99.2 Fellow Shareholders : The third quarter in many ways showcased the enduring strength of our brand and the value we bring to our partners every day . We generated the second highest quarterly revenue in our history just 18 months after the onset of the pandemic . Our impressive results , particularly in the Home segment , are a testament to the leadership position we have established in mortgage since founding the company 25 years ago . We are operating from a position of strength , focusing on the delivery of higher quality leads for our partners while having a record number of lenders on our platform . Our diversification and balance sheet strength allow us to endure temporal headwinds , such as those being experienced in our insurance segment , while maintaining the flexibility to reinvest in the business and evaluate future inorganic opportunities . We believe the value we provide to consumers in their borrowing decisions and to our lending partners has never been greater , and we look forward to 2022 with a plan to capitalize on our market leading position . The Home segment again produced outstanding results , generating record quarterly segment profit . Sustained refinance activity coupled with increasing national home sales allowed us to help our partners continue to originate new loans at a high level . The Consumer segment continued its strong recovery . The margin improvement in the credit card business continues as borrower demand is showing signs of life . We have continued optimism as we move into 2022 , especially in the personal loans and small business categories which carry particularly strong margins . The Insurance segment experienced continued headwinds from reduced partner spend in the quarter . The personal property and casualty sector is dealing with a number of challenges as the U.S. economy reopens , more drivers return to the road and a historically expensive storm season led to increased catastrophe losses . The industry as a whole has reduced marketing budgets across all channels and our partners were no exception . We remain optimistic trends in that business will normalize as we move into next year . In addition to many of the strong trends we are seeing across the business , our team has spent the last few months intensely refining our strategic approach . Following up on the organizational changes we announced in May , we are nearing the end of an extensive process to further define the direction our Company is heading and the priorities that will guide our investment decisions and operating posture in the years ahead . While we're developing a series of discrete initiatives within each division at the company , the comprehensive strategy aims to enable LendingTree to offer products that are increasingly customer - centric , interconnected , and data - driven . We are planning an Investor Day for early 2022 , and we look forward to discussing our strategy and more in greater depth at that time . Q3.2021 1