Welcome to the Mortgage Horror Blog.  The Mortgage Segment of the industry is the home of 99% of all of the problems in the field services industry. The field services industry offers some great opportunities in the commercial and insurance segments. The purpose of this blog is to identify the problems in the Mortgage Segment and to separate the problem-plagued Mortgage Segment from the better segments of the industry

New Mexico Resident Open Fires On Mortgage Field Service Inspector With An AR-15 Rifle

Performing $3 mortgage inspections and snooping around residential properties to get the required 7 photos can have tragic results. Why does anyone subject themselves to serious injury or death for three dollars? Life is so  precious! You may not even get paid as many of the mortgage order mills are on life support.

The Eastern New Mexico News reported on July 14, 2018 that a mortgage field service inspector performing a mortgage drive-by inspection was the target of a felony shooting as he had just completed his required walk around the property and was driving away. Another minute taken with shooting the photos could have ended his life. He barely escaped death. Three shots from an AR-15 assault rifle were fired at the inspector and one shot struck the let rear panel of the truck the mortgage inspector was driving. I have shot the AR-15 at a range in Florida. It is a very powerful and accurate weapon. The judge in this case set a $5,000 bond for a felony shooting at a mortgage field inspector. Why such a low bond for such a serious crime? The inspection fee was probably about $3. How much is the life of a $3 mortgage field inspector worth? Life is so  precious! The newspaper report follows.

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The Cold Hard Truth About Driving for UBER

Driving for UBER is a lot like performing those $3 mortgage inspections that “maybe” have a profit of $1.50.

The UBER driver writes:  With Uber expenses, vehicle expenses, and vehicle depreciation of 15,584…not only did I not make money but I lost almost $4,000. So why did I continue to Uber? Honestly, I had no clue that it would be such a large financial loss. I figured I was at least making minimum wage. After crunching the numbers, though, I know this isn’t at all true. I wish I would have taken a part-time remote home job as I would have made over 10,000 and have 16,000 fewer miles on my car.

Read the article about driving for UBER.

Someone … please show me … document all of your income and expenses … how you are making money with the $3 mortgage inspections. Be sure to include vehicle depreciation.

CBO Forecasts Another 10 Years Of Economic Growth Without A Recession

All of the Mortgage Order Mill pigs are dying as the economy grows. Another ten years of growth will create record lows for mortgage inspections and property preservation. More and more Mortgage Order Mills are on life support. Avoid the mortgage segment and live a happy life.

The Mortgage Order Mills are pleading for field service representatives to come back to them. Don’t do it!

Most Common Reasons For Leaving A Mortgage Order Mill Paying Low Fees

Don’t say you are quitting because the pay is low. Don’t say how rude and uncaring they behave. Be nice. Be polite as you want to get paid for the last unpaid work you completed. Find a great excuse and make it believable. Try one of these!

Jury duty for 90 days … vehicle stolen … fell and broke a hip … wife took a job in France and moving … took a job as a secretary in a law office!