You’re Kidding Yourself When You Think There Is Opportunity In The Mortgage Segment

The Mortgage Order Mills are on life support. Mortgage delinquencies and foreclosures are at record lows. Ocwen stock shows the trend in mortgage inspections over the last 5 years. Ocwen was a $60 stock in 2013. Today it is a $4 stock. I shorted Ocwen stock many years ago when I saw the downward trend … I made a lot of money. Avoid the mortgage segment as it is dull and unexciting. There is no real money to be made with low-fee mortgage inspections.

Think of low-fee Mortgage Order Mills as the killer bunny in the Monty Python movie. Run away or be killed. They will kill you with the low-fees and the games that they play.

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