Mortgage Delinquency Rates At Lowest Level Since 2008

The average mortgage inspection pays about $3 and often requires as many as 8 digital photos. Too many mortgage inspectors are chasing fewer mortgage inspections.

I talked to one Florida mortgage inspector working for $1.75 for a mortgage inspection. He was profiting maybe 75-cents on an inspection. One of the largest national mortgage field services firm is closing their field services operations near the end of the year. Another national mortgage field services firm is leasing most of their empty office space and now runs a day-trading desk where they trade stocks and options.

The mortgage segment of the industry has become the home of 99% of all of the fraud in the field services industry. It is NOT the place you want to be. Opportunity has moved out of the mortgage segment.

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