If you measure agent performance in a call center by the average time it takes to handle an inbound call, you are making a big mistake, Wells Fargo's Gary Class told attendees June 5 at the SourceMedia Business Intelligence Forum in San Francisco.Instead, the measure should be the elapsed time it takes to solve the customer's problem, he said during a session on call-center metrics. Handling inbound calls successfully can be a huge factor in determining whether you will be successful in cross-selling products such as home equity lines of credit, according to Mr. Class. Business intelligence technology such as pattern-recognition software earns its keep because the more you can predict behavior, the better you serve customers -- and thereby "earn the right to cross-sell," Mr. Class said.
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In early deployments with Freedom Mortgage, the platform from Palantir Technologies and Moder is live with multiple key processes.
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The average homebuyer would save $150 per month by using an adjustable-rate mortgage instead of a 30-year fixed-rate mortgage, according to Redfin.
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Rising insurance premiums and total ownership costs are driving borrower hesitation in high-cost regions. See how lenders can adapt strategically.
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Overlooked controls and fragmented oversight leave mortgage lenders exposed to enforcement, litigation, and reputational damage. Learn how to close the gaps.
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Guaranteed Rate Affinity, joint venture between Guaranteed Rate and Anywhere Integrated Services, announced its national builder divisional manager.
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The wholesale lender says it agreed to a $660,000 deal last summer for employees seeking overtime pay, an agreement the plaintiffs say never existed.
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