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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After home equity surged in 2023, average gains slowed last year before falling into negative territory over the past 12 months, Cotality said.
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For 2026, the mortgage industry operating environment will improve, while nonbank financial metrics should be within Fitch's rating criteria sensitivities.
December 12 -
Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
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The executive order described state legislation on artificial intelligence as a cumbersome patchwork, and pledged to develop a national framework.
December 12 -
The Department of Housing and Urban Development announced the FHA-insured loan caps for low- and high-cost areas, which are set based on conforming loan limits.
December 12 -
Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
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