August 14th, 2018
Giving you the bad with the good: according to ATTOM Data Solutions, 10.1% (5.5 million) of US properties with a mortgage are considered "seriously underwater." What's the good? Mortgage delinquency and foreclosure rates are at a 12-year low, showing signs of rising income levels. What does this mean for you? You can help customers who are underwater get on track with paying down their mortgages by working on a budget with them, and in turn, generate a referral relationship to go from turndown to touchdown.