Lead-management specialist Kaleidico has reported a tripling of website traffic since the beta launch of a new Lead Marketwatch widget on its homepage that ranks lead providers in order of their conversion of leads to loan applications.The data reflect the current weekly moving average of icoSales client results. A Kaleidico representative said lenders and lead providers alike are using the site to gauge the effectiveness of mortgage lead campaigns. At MortgageWire's deadline, the widget -- which reflects the total of all leads in the icoSales system -- showed LendingTree achieving a 10.53% conversion rate with its long form, followed by Loan Web at 6.67%. Kaleidico says it integrates with every lead provider "that we determine is a viable entity," with the requirement that a provider must tally at least 100 leads in the week recorded. The company can be found online at http://www.kaleidico.com.
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The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
While technology has become an important channel for information among homebuyers, many still see real estate agents as smarter than any other resource.
October 10 -
Onity adds former Meta exec as director, Click n' Close taps industry veteran as president while banks and credit unions boost their mortgage teams.
October 10 -
The regulator recently nixed Obama and Biden-era guidance for the Office of Fair Housing and Equal Opportunity and apparently reduced staff.
October 9 -
Total mortgage origination volume is forecasted to barely eclipse $2 trillion by the end of the year for the first time since 2022, iEmergent said.
October 9