I am seeing the same thing. I do a lot of commercial bpos and this is the first time in 4 years that I have got 2 this month and then nothing on all of the AMCs I am currently working with. I called all the AMCs to see if I was still active and they said things are slowing down too.
This is what I am doing now. I got a list of the registered AMCs (149) in my state and I have started a effort to find AMCs who look good to work for despite the main ones. Also, defaults are rising pretty good so I think we may be at the inflection point, at least in my state, for another recession. I drive and door knock about 25 a week and make appointments for short sales.
It really drags though because I use the BPO income for recurring expenses.
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Hey Matt,
I am seeing the same thing. I do a lot of commercial bpos and this is the first time in 4 years that I have got 2 this month and then nothing on all of the AMCs I am currently working with. I called all the AMCs to see if I was still active and they said things are slowing down too.
This is what I am doing now. I got a list of the registered AMCs (149) in my state and I have started a effort to find AMCs who look good to work for despite the main ones. Also, defaults are rising pretty good so I think we may be at the inflection point, at least in my state, for another recession. I drive and door knock about 25 a week and make appointments for short sales.
It really drags though because I use the BPO income for recurring expenses.
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