Lower Default Rate Reflects Strengthening Economy

Mortgage delinquencies and foreclosures are at decade lows. The mortgage segment of the industry is dead. The average mortgage inspection pays THREE BUCKS. Some property preservation mechanics are cutting grass for $7.50 and moving debris at $15 a cubic yard. Fraud, greed and corruption is on the rise.

The default rate on first mortgages was way down over-the-year for November, which was indicative of improved economic conditions. An improved economy is bad news for mortgage inspectors.
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