There are no high-fee mortgage inspections. The average fee paid for a mortgage inspection is about $3 and the profit is “maybe” $1.50. The problem is not just the low fees. The mortgage segment is the home of 99.5% of the fraud, greed and corruption in the industry. Most of the fraudsters are gathered into one club where they are protected. The fraudsters are not called out. They are not expelled from the club. Some are even given executive decision-making positions in the club.
The cargo is shifting. The mortgage segment is going to go bottoms up. Some say it already has. What do you think?