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LeadCritic, formally a lead manager for a large real estate, mortgage and financial service company has a passion for the mortgage lead business, from the buyers perspective. A few other interests include Internet Marketing, web analytics, lead management and consumer behavior.

Low.com Shuts it Doors/CountryWide Halts Lead Buying

More Rumors…

I opened my email box and found a number of anonymous tips saying that Low.com will be closing their doors in 30 days or less. I have not confirmed these rumors, but they seem to be coming from solid sources.

If they are in fact closing doors this would be the first tier one mortgage lead provider that has taken a fatal hit from the market. I am sure that Oversee will use low.com for some other vertical, but we will have to wait an see.

CountryWide Halts Lead Buying

On another note CountryWide as terminated all its lead buys until further notice.

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  1. Noel Collins | Aug 3, 2008 | Reply

    I think someone else will take up the distribution while they continue to generate, no need for the internals if someone else fills orders….

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  1. From LEADCRITIC | Mortgage Leads News and Opinions | Aug 27, 2008

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