The Mortgage Order Mills (MOMs) are having a very difficult time in finding mortgage inspectors and property preservation mechanics. The pay for mortgage inspections is too low and the discount for property preservation tasks is too high. Craigslist is flooded with ads for mortgage inspectors and property preservation mechanics. The chart above says that people are finding work in other areas as jobless claims are at 44 year lows.
My calculation looking at historical prices, inflation and the job market says that a mortgage drive-by inspection should pay a minimum of $12 and property preservation discounts should be at 10% when using Government price allowances. Fraud, greed and corruption in the mortgage segment is up. Follow Foreclosurepedia.