Notices of default, scheduled auctions, bank repossessions and other foreclosure filings have fallen to their lowest level since June 2006 signifying that we are well past the peak of the mortgage crisis. In fact, by this time next year, numbers could very well be back to 2005 pre-crisis levels, keeping in line predictions that the economy would not fully rebound from the Great Recession until 2015. A big driver for lower foreclosure numbers, however, is regulatory. In California, a Homeowner Bill of Rights became law on Jan. 1, offering protections for borrowers in default, and dropping foreclosure filings by 62 percent in January.
With your team working from home, it's a good time to review the gaps and overlaps in your firm's operating procedures.
Some IBDs are targeting advisors set to depart by playing hardball; here's a look at five specific tactics these firms are using.
Nationwide and the Insured Retirement Institute are saying they, too, want to do more.
Sponsored by Cetera Financial Group
Positive word of mouth can be your best marketing ally, but it’s not always easy to earn. Discover how a simple adjustment can make a big difference.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.