Kaleidico's Lead Management Software Streamlines Loan Modification Process

Flat Rock, MI, February 06, 2009 --(PR.com)-- Kaleidico enhances their icoSales mortgage CRM to streamline loan modification processes. Kaleidico, a long-time leader in mortgage lead management systems now helps mortgage banking and servicing operations improve the process of contacting and manage high volumes of homeowners that are potentially eligible for mortgage modifications.

Distressed homeowners nationwide need help paying their mortgages and preventing foreclosures. Meanwhile, mortgage lenders and servicers are attempting to effectively contact these same homeowners.

The government and major banks are launching loan modification strategies. Unfortunately, most current technology and systems make these programs' implementation very slow and cumbersome. The goal? Bring these two motivated parties together efficiently and track complex loan modifications to success, for homeowner and lender. This is precisely what Kaleidico's loan modification software brings to this unique mortgage market.

Without Kaleidico's lead management, mortgage loan modifications are a confusing mess of eligible customer lists, contact sheets, loan files, telephone calls, emails, and legal correspondence. With Kaleidico's loan modification software, it is a centralized contact and processing system that can manage all eligible customers and work-out programs.

"Kaleidico brings a perfect blend of mortgage experience and process automation to the mortgage industry in these challenging times," says Keith Burwell, Kaleidico's head of business development. "The mortgage industry is in dramatic upheaval, which is why we have focused our software on solving today's mortgage challenges."

Loan modifications are today's mortgage problem. Every major mortgage bank and servicer is attempting to work-out their troubled loans and help borrowers. Unfortunately, these processes still are inefficient and leaving troubled homeowners behind. Mortgage bankers and servicers are attempting to contact and follow up on hundreds of thousands of loan modifications in every region of the United States. The industry needs more effective tools, like Kaleidico's loan modification software.

Kaleidico's icoSales mortgage CRM is already designed to be a complete mortgage sales and marketing platform. However, the latest enhancements allow mortgage operations to streamline the loan modifications workflows and processes immediately, without expensive custom software or implementations.

Implementation of icoSales loan modification CRM is a simple configuration for existing customers while new customers can be set-up and working on loan modifications in the same day.

Kaleidico's CRM system was arguably the ground-breaking loan modification system, used by major loan modification programs in over 300 branches.

Kaleidico's new loan modification system allows mortgage operations to:

Efficiently manage thousands of eligible loan modification customers
Distribute loan modification leads to local loan officers to help local homeowners
Manage and provide accountable follow-up to loan modifications and inquiries
Document and track custom loan work-out workflows and processes
Provide real-time reporting of every detail of every loan modification in the system

"Kaleidico did a significant amount of enhancements to help the first banks modifying loans, needing to manage thousands of eligible customers," explains Keith Burwell, "and these improvements are now available to the entire loan modification market--speeding aid to troubled homeowners."

This latest addition to icoSales mortgage CRM is just another example of Kaleidico's innovation and commitment to the mortgage industry in challenging times. Kaleidico watches the mortgage market with you, so they are ready with the solutions you need.

About Kaleidico, LLC
Kaleidico, LLC is a top sales management and lead distribution solution provider, connecting sales organizations to marketing lead generation--enabling an exceptionally responsive customer experience for every prospect. Kaleidico has managed millions of sales leads, helped thousands of sales professionals increase their production, and ensured each and every customer gets a response to their inquiry. Kaleidico provides sales management and lead distribution platforms to sales and marketing organizations in the United States, Canada, and the United Kingdom via www.kaleidico.com and 866-667-5253.

Press Contact: Keith Burwell
Company Name: Kaleidico, LLC
Email: keith.burwell@kaleidico.com
Phone: 330-807-1337
Website: http://kaleidico.com

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