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 consumer price index ticked up last month, bolstering arguments about broad based inflation and raising the odds of a rate hike next month.
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The banking regulator is in early discussions with trade groups to build an organization for certifying tech providers that pass voluntary due diligence checks.
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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
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Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
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A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
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