As we’ve pointed out in our market research blog, the world was already going virtual before the Spring of 2020, but the pandemic most certainly accelerated it. From e-commerce’s rapid expansion to the proliferation of online meeting spaces, the pandemic forced people to learn digital technologies on the fly. “Zoom” was already a verb before the pandemic, but today it means something very different.
Topics: OnSite Inspections, OSI, Consumer Reporting, Occupancy Verification, Repossession Lot Inspections, Virtual OnSite Inspections, Debt Collection Inspections, FHA Lender Inspections, Background Checks
We’ve been busy this year, blogging and blogging about compliance management, OnSite Inspections, and the TrendSource difference. It’s a lot to keep up with, we know. So, as we officially cross the halfway point for 2021, we decided to offer you, dear reader, a roundup of sorts and give you the chance to catch up.
Topics: OnSite Inspections, I-9 verification, Remote I-9 Verification, Consumer Reporting, Occupancy Verification, Repossession Lot Inspections, Property Condition Report, Debt Collection Inspections, FHA Lender Inspections
Experts from multiple industries are forecasting a dramatic upswing in auto loan defaults and repossessions. John Van Alst of the National Consumer Law Center, for example, says that his agency has “certainly seen an uptick in defaults and delinquencies.”
Earlier, we described how the looming delayed debt crisis will likely lead to an increase in auto repossessions (and the need for Repossession Lot Inspections) over the next year. We are continuing to examine this forthcoming crisis, today looking at how foreclosures are similarly expected to rise in this period.