When analyzing a sample of predictive alerts over the past year, we found that the conversion on predictive produced an average cost per closed loan of $207, based on alert fees.* The response rate was 4% for inbound calls. As expected, the inquiry alerts have a higher conversion, with a cost per closed loan around $117 on average.
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Predictive Alert Cost Per Closed Loan: $207
By Louis Zitting on Jun 20, 2017 3:42:20 PM
Topics:
predictive alert
cost per closing
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