According to the Federal Reserve Bank of Dallas, we may be in the midst of a housing bubble, the likes of which we haven’t seen since the early 2000s. Citing “abnormal US housing market behavior” driving housing prices “increasingly out of step with fundamentals,” the bank warned that corrective policies could shock the market and burst the bubble.
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
Relative to other industries, debt collection is overseen by a large swatch of agencies who all enforce different parts of the Fair Debt Collection Practices Act, which has been in place since 1977.
As we just detailed in our market research blog, restaurant chains like McDonald’s are preparing for the likelihood that dining rooms will soon be closing in certain areas of the country with high COVID-19 infection rates.