DSNews Reports Foreclosure Rate Declines, Economic Activity Rises

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 Reporreleased 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.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s