With more than 1 million foreclosures in the US arising from the sub-prime mortgage crisis and the spectacular collapse of more than 100 mortgage lenders including US investment bank Bear
Sterns and Northern Rock in UK, the resultant turbulent market makes finding suitable mortgage leads an uphill task for mortgage lenders.
And it is times like these that mortgage lenders should adopt currently available marketing intelligence services such as those offered by Red Clay Media, who generates premium mortgage leads of people who can actually afford to take out a mortgage. Rather than adopting aggressive marketing campaigns that push interest-only products and homes at people who actually cannot afford them and contributing to defaults and foreclosures, Red Clay Media's targeted marketing results in mortgage leads that need and most importantly, are able to afford a mortgage loan.
Red Clay Media provides a range of solutions specially tailored for mortgage lenders, from acquiring exclusive mortgage leads, live transfer mortgage leads to online mortgage lead generation. And with all the screening work done by Red Clay Media, all the leads come pre-qualified and are ready to buy. Their online mortgage leads can also help mortgage lenders set up multiple internet marketing campaigns to drive leads directly to their sites. Red Clay Media's highly targeted mortgage lead generation programs and extensive network of websites that generate quality leads for re-finance, debt consolidation and new home loans can also lead to cost reduction per funded loans of up to 40 per cent.
With lessons learned from the sub-prime mortgage crisis, adopting targeted marketing intelligence services and exclusive mortgage leads generation offered by Red Clay Media is the
prudent way to go for mortgage lenders.
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