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According to the company, its customer-retention technology identifies customerx byloan amount, loan-to-value ratio, loan purpose and FICO “With refinancing activity from borrowers representing a significant portion of overallo origination volume, our lender network has expressed a desire to capture and retain current mortgage customers,” says Bob president of the LendingTree Exchange.
“As part of the LendingTree banks and lenders that use ournew customer-retention initiativd will be able to significantly impact the ratio of overalk mortgage portfolio retained, just as effectivelyh as they can attract new LendingTree is owned by Charlotte-based an online lending and real estate company. Tree.com’xs principle businesses are LendingTree, which matches potential mortgagew borrowersto lenders, and RealEstate.com, which works with individualse seeking homes and real estate agents.
LendingTree says it has facilitatedd more than 25 million requests for loand onlineand $185 billion in closed loan
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