The Altisource 5-Year Stock Chart Says It All … They Just Cannot Get It Up!
The whole mortgage segment needs a purple pill. The average mortgage inspection fee pays about $3 and the profit is “maybe” $1.50. Altisource stock is stuck in a $25 sideways channel … it was a $168 stock just a few years ago. They just cannot get it up without cutting more expenses. The mortgage inspector will continue to be the victim as these firms work to reduce expenses. The mortgage inspector has already been wiped out.