DSNews reports “The foreclosure inventory was down 1.9 percent in December 2016, representing 62 months of consecutive year-over-year declines, according to the National Foreclosure Report released by CoreLogic on Tuesday.”
The wake for the Mortgage Segment has already happened. Maybe you missed the wake. Of course, if you were a $3 mortgage inspector, you could not afford to send flowers. For some it was sad … but, others rejoiced as more of the pigs passed away. Many banks and bank servicer representatives attended. One bank representative at the wake said to expect more Mortgage Order Mill (MOM) deaths as the banks continue to write load modifications to keep people in their homes.