Thu Jun 20 21:58:36 EDT 2024
Home#OpEdInflation Tops 8.5% As Both HUD And NAMFS Refuse Pay Hikes

Inflation Tops 8.5% As Both HUD And NAMFS Refuse Pay Hikes

Secretary Marcia Fudge Continues To Demonstrate A Lack Of Knowledge At HUD

Much like the beat of the tune that Vladimir Putin is marching to in Ukraine, both HUD Secretary Marcia Fudge and NAMFS Executive Director Eric Miller have misjudged their ability to suppress the flight of Labor from an Industry which has refused to grant pay raises in over 30 years. The US Department of Housing and Urban Development‘s (HUD) Single Family Housing division, when petitioned directly by the International Association of Field Service Technicians (IAFST), appears tone deaf to the economic reports it receives from their very own economists. One of the reasons, most certainly, is that much like Putin’s advisors whom pocketed funds slated for military capacity over the past several decades, so to did SF Housing refuse to advise the White House of the need to properly compensate Labor.

Prices rose 8.5 percent in March compared with a year ago, the largest annual increase since December 1981, as Russia’s war in Ukraine drove up energy prices and policymakers launched a major effort to get soaring inflation under control.

And yet order mills whom distribute work from National Association of Mortgage Field Services (NAMFS) members continue to keep the bar set at Seven Dollars per cubic yard for personal debris removal and transportation for storage coupled with $10 an hour for evictions. It is no surprise that NAMFS has documented a seventy percent attrition in Labor and that number is only increasing as both they and HUD Secretary Marcia Fudge continue refusing to address the issue.

Foreclosurepedia’s recommendation, going forward, is to plan an exit from the Mortgage Field Services Industry and entrance into direct relationships with asset managers and portfolio owners. If you are ready to make the move away from loss to profit, some of our Products are listed below.

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