Which Mortgage Order Mills (MOMs) Will Fail In 2017 & 2018?
Below are the next 10 retailers that are expected to file bankruptcy according to Fitch:
Sears Holdings Corp (roughly $2.5 billion);
99 Cents Only Stores LLC;
Charming Charlie LLC;
Nine West Holdings Inc.;
NYDJ Apparel LLC;
rue21, Inc.; and
True Religion Apparel Inc.
The mortgage segment is in deep trouble as mortgage delinquencies and foreclosures are at a 10-year low. President Trump has a tax cut coming soon that will put even more money into everyone’s pocket. Mortgage delinquencies and foreclosures will continue to decrease.
Tell me which Mortgage Order Mills (MOMs) you expect will fail in 2017 and 2018. Or, tell me ones you would like to see fail.