The volume of mortgage delinquencies and foreclosures are at 8-year lows. The stocks of the non-bank servicers have crashed. The average mortgage inspection pays $3 and New Mexico grass cuts pay $7.50. Every thing is awesome in the mortgage segment!
Labor says that the mortgage segment can be represented by the image below. The old barn is rotting from decades of fraud, greed and corruption. It’s ready to fall on its side.