For years, the Mortgage Field Services Industry used to be the crown jewel of the hands on mortgage sector. Altisource's former CEO, on an earnings call when New Residential purchased Guardian Asset Management back in August of 2020, stated the following, In a normal market, we estimate that for every 1% increase in delinquency rates, the addressable market for our default related services increases by approximately $700 million. Now, to put that into today's perspective . . .
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