The mortgage field services industry, which encompasses a range of services such as property preservation, maintenance, and repair for foreclosed properties, is facing a severe crisis. Over the past three decades, contractors in this industry have seen their wages stagnate, while management has enjoyed a threefold increase in compensation. With inflation soaring, the purchasing power of these workers has eroded, leading to an exodus of skilled labor to other industries that offer better pay and more timely compensation. This article will explore the impact of inflation on the mortgage field services industry, the reasons behind . . .
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