Question For Mortgage Order Mills (MOMs)

Clover, South Carolina, USA --- Flashing Lights and Sign on School Bus --- Image by © Royalty-Free/Corbis

Be sure to ASK all recruiting firms to disclose if they have a practice of charging you a penalty (charge back) if you are late submitting an inspection. Some firms charge a huge penalty if you are one day late on a $3-$5 inspection. The penalty is more than a ticket for passing a stopped Nevada school bus with flashing red lights.

We find that about 99% of all firms in the field services industry have NO such charge back policy. The charge backs are often coming from just a few firms in the low-pay mortgage segment of the industry. Many of the Mortgage Order Mills (MOMs) have such penalties.

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