A lot of field service jobs in the mortgage segment of the field services industry will disappear as the economy continues to improve.
"Fewer distressed properties, combined with improving home prices and a pickup in home purchases are significant signals that the ongoing recovery in the housing and mortgage markets continues to gather steam," said Anand Nallathambi, chief executive officer of CoreLogic.
Fewer distressed properties means the more pink slips are in the near future. I'm guessing that CoreLogic with be reducing company staff and sending out pink slips to field service representatives as the number of delinquencies and foreclosure continue to wind down. CoreLogic will need to seek out new sources of income as activity in the mortgage segment winds down. The CoreLogic stock will fall if earnings decrease. The firm will then have to cut expenses to offset a decrease in revenue and earnings.
On the other end of the spectrum, an improving economy will result in more jobs in the commercial segment of the industry ... the sweet spot in the industry.
Understand the trend and make changes to protect your job security. Plan for the upcoming changes in the field services industry as the economy improves. Understand how to react to change. Watch the video.
Understand the trend and make changes to protect your job security. Plan for the upcoming changes in the field services industry as the economy improves. Understand how to react to change. Watch the video.
I like to call it Business Development and I do it regularly.
Posted by: Michelle Brown | Wednesday, June 05, 2013 at 10:24 PM