Wall Street Stocks Are Hitting All-Time Records Highs … Bad News For The Low-Fee Mortgage Segment
Great jobs are coming back to America and Wall Street is reacting in a positive way as stock prices are hitting all-time record highs. The $3 mortgage inspection has a profit of “maybe” $1.50. The Mortgage Order Mills (MOMs) are on life support. Pay attention to the attendance at the next MOM conference. I expect that the upcoming conference attendance numbers will again confirm that the Mortgage Segment is on life support and a priest is on-call to perform last rites.
Change happens. Adapt to change quickly. The quicker you let go of old cheese (cheese being jobs), the sooner you can enjoy new cheese.