Mortgage Inspections And Foreclosures Are At An 8-Year Low

The world is changing. The mortgage segment of the industry is changing. Mortgage inspections and foreclosures are at an 8-year low. Safeguard Properties has diversified with a stock day-trading desk (as the bull market may be ending). East Point Systems has diversified with Service Depot, an Angie’s List look-a-like. Some of the ugly Order Mills have stepped up the fraud to create more profit. Some of the ugly Order Mills have declared bankruptcy (a legal case of fraud) and have wrecked the lives of many field service representatives. Mortgage segment “old boys club” membership and sponsorship is declining while club protectionism is being marketed. JP Morgan says FHA loans are too risky. ISTAR is tracking the ugly Order Mills to help protect the lives of the innocents. Mechanic liens are the new norm for getting paid for services … no more just being nice. DOJ is choking the banks with lawsuits. The FED taper will end and create rising interest rates and hamper the housing market. Refinancing and BPOs have evaporated. SOFI moved farther away from the fraud-plagued mortgage segment many years ago because of a changing world. Yes, the world is indeed changing. Diversity  and more security is required in a changing world.

Check out all of the great information, networking, and training products at www.sofistore.com. See if you can find a SOFI product that will help you become more diversified and more secure. Or, do nothing and just watch the world around you change.