According to The Wall Street Journal, business is growing for the Handyman in the mortgage field, from firms that specialize in taking care of vacant properties, and preparing them for resale. Some trade groups estimate mortgage servicing to be a $1 billion business with 8,000 to 10,000 companies in the business. Sometimes these mortgage service companies are employed directly by lenders. Other times they work for national middlemen who handle large volumes of foreclosures and farm out the fix-up work to smaller regional Handyman companies.
See the next blog for detailed information on this subject and maybe some more Handyman stories.
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