Mortgage, Home Equity Direct Mail Drop By Half: Study

Posted on by Chief Marketer Staff

Mortgage and home equity lenders sent approximately 750 million secured loan offerings between January and June 2008, half the 1.5 billion during the first six months of 2007, according to a new study.

These types of solicitations have been steadily declining every quarter since the first quarter of 2007, according to Mintel Comperemedia.

Mortgage mailings fell by 53% between the two periods, while home equity product offers dropped 44% during the same period.

Mortgage direct mail increased during the second quarter of this year over the first quarter

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