Mortgage Returns Launches Retention Analysis Tool

Posted by Orb Staff on January 14, 2013 No Comments
Categories : FYI

St. Louis-based Mortgage Returns, a provider of customer relation management technology and automated marketing solutions for the mortgage industry, has launched a new retention analysis tool for lenders that need to understand and improve their customer retention rates.

According to the company, the new tool can now analyze and report on historical customer retention rates for mortgage originators. This allows the company to compare retention rates to industry averages and develop comprehensive marketing plans specifically designed to achieve goals.Â

‘Many lenders have no way to measure their customer retention rates,’ says Jim Blatt, CEO of Mortgage Returns. ‘I'm a believer in Peter Drucker's philosophy, 'If you can't measure it, you can't manage it.' Our new retention analysis tool will help lenders to first understand what their customer retention is and then give them the marketing strategies to improve it.’

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