Articles About Cash And Money

iLeads.com Introduces LeadPerformance - The First Product to Rank Loan Lead Providers Based on Funded Loans

(PRWEB) May 28, 2008 -- iLeads.com®, a leading provider of internet-generated consumer leads for the insurance and mortgage industries, has announced the introduction of LeadPerformance?, the first tool to rank lead vendors based on funded loans. Part of the patent-pending LeadXL? suite of tools, LeadPerformance? allows a lender to track the actual funding rate of all of their lead/media providers on demand.

"LeadPerformance? allows a lender to look at all of their lead sources to determine the one measure of true quality, the actual funding rate," says Drew Warmington, CEO and managing partner of iLeads.com®. "For the first time, lenders can see which sources are producing mortgage leads (http://www.ileads.com) that close at the highest rates, so they can focus their time and money on the vendors that are producing results," says Warmington. "Our independent auditing answers the question, 'What happened to the lead?' For example, many times a lender will fail to close a lead and will assume that is the end of the story. In fact, the lead/consumer may have closed with another lender, but up until now there was no way to know. With LeadPerformance?, we are able to see that scenario, and our system can reflect all closings."

By getting a true understanding of lead quality, lenders can optimize their marketing spend for various lead and media channels as well as illuminate sales practices. For example, by understanding which competitor closed the loan, a lender can defend against losing future opportunities. "Unlike the current offering of lead provider ranking tools, which offer a limited glimpse at application rates, LeadPerformance? takes into account the entire universe of actual fundings on each lead. With that type of view, you can understand the true funding rate (i.e. "lead quality") of each lead provider, not just the application rate for a single lender," says Warmington.

The same patent-pending technology that tracks the performance of leads on the back end also enables iLeads.com® to create predictive models for lead success on the front end. The company's LeadScore? product allows lenders to target both the leads that are most likely to close as well as those that will provide the highest ROI, in real time. Created for use with any Internet lead provider's leads, LeadScore? provides highly predictive scoring for loan leads. LeadScore? is the first predictive model created using real leads that have been back tested against the actual outcome of the transaction to ensure a highly predictive result.

With these two products to guide a lender's choice, a new era has come into the loan lead industry. "These tools allow lenders to review their lead providers daily to insure they meet their standards for lead quality and closing goals," adds Warmington. "Real data enables real results."

About iLeads.com:

iLeads.com has been a leading innovator of online financial lead generation since 1996. Through its network of 185 websites, iLeads.com has attracted, validated, and qualified more than five million leads for the mortgage and insurance industries. Thousands of industry professionals count on iLeads.com to deliver a steady stream of convertible mortgage leads and insurance leads (http://www.ileads.com) every month. Since 2001, iLeads.com has been a partner of The First American Financial Corporation (NYSE: FAF). More information about iLeads.com can be found at www.ileads.com

###

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

MORE ARTICLES:

Cash Advance until Payday-Emergency Cash Loan
Introduction

Cash Til Payday Loans - When Is The Best Time To Get A Quick Cash Loan
There are times when a cash advance loan or payday loan may be a good way to get you out of a tight, financial scrape. There are times when a payday loan may be a wise decision.

Online Payday Loans Offer Quick or Instant Approval For a Fast Cash Loan
Online payday loans companies offer quick approval with their online application process. Once you have entered your personal information and source of income, you can be approved for a payday loan in as little as five minutes, and a cash advance can be deposited in your checking account the next day.

Payday Loans And Cash Advances Are The Oldest And Most Reliable Short Term Cash Solution
It's pretty clear that as the economy falters so does the average family's ability to pay their bills The question is how to survive when times are tight

Compare Payday Loan or Cash Advance Lenders Online Before You Borrow
Comparing payday loan lenders, also called cash advance lenders, online guarantees that you will find the lowest rates and best terms. Payday lenders are required by law to post their rates and terms, so making comparisons is just a matter of a few clicks of the mouse.

Cheap Payday Advance Loan: borrow money through cheap payday advance loan
Resources are limited for lending money and requirements of money are plenty because the people meet day to day worthless expenses. Diminishing these problems cheap payday advance loan gives you a potential offer. Cheap Payday Advance Loan is the short-term loan availed between two consecutive paydays. Cheap Payday Advance Loan can be availed by all the people who are working and earning enough to repay the Cheap Payday Advance Loan. Credit history does not matter to borrow Cheap Payday Advance Loan for the lenders who provide Cheap Payday Advance Loan, whether you have good credit history or bad credit history you are eligible to avail Cheap Payday Advance Loan.

Faxless Payday & Cash Advance Loans - Fast Cash, No Faxing Loans, The Easiest Payday Loan Process
If you are in a hurry for a payday loan, the last thing you want to have to do is fax in your documents of verification. That's no problem, nowadays, you can find many payday loan or cash advance loan companies that can verify your income and identification without you having to fax in any documents.

Online Cash Loans: Fast and Easy Cash Loans
As we all know, people have many needs. Some are planned and some cannot be planned. For the unplanned and planned needs many people are not prepared. So online cash loans are designed to help these people in their time of need.

Quick Cash Loans Online - A Fast Way to Get an Emergency Cash Advance
If you need a fast way to get an emergency cash advance, then apply for a quick cash loan online. Payday loan companies now offer instant approval with their paperless process.

Discover Fast Cash No Credit Check Loans For Your Emergency Cash Needs
Payday loans, which are also known as paycheck advances, have become increasingly prevalent in recent years. There are a growing number of men and women who find themselves with so many bills to deal with or an emergency situation that they have to have some source for immediate cash. The mechanics of payday loans are simple. Payday loans are extended by credit companies as cash advances and are paid back by the borrower when the next paycheck is received. Most payday advances have two week terms and are for amounts between $100 to $1500. Recently, federal legislation was enacted to cap the interest rates on these type of loans below 40% APR.

Quick cash loans- Viable and reliable way to have instant cash
Introduction:

Fast Cash Loans - When You Should Borrow and When You Should Wait
A fast cash loan should be an option used as a last resort to avoid a financial emergency. With its interest rates, a cash loan should not be used to purchase the latest gadget or fashion item.

PayDay Loan Online - Quick Cash Advance Loans Online Are Very Convenient
Getting a quick cash loan, cash advance or payday loan has never been easier than it is today, thanks to the internet. Today you can apply and be approved for a payday loan or cash advance fast, in the comfort of your own home.

Payday Loans Cash Advance Fast Money Canada 310-Loan
Come payday and everybody is truly happy, a few days into the month and when the cash situation starts getting a little tight we tend to look forward to the next payday. After receiving the pay, the routine is to first settle all the bills. After this customary practice is completed the amount remaining is the actual disposable income which may be insufficient in case of a contingency. A Payday loan would be ideal in such a situation.