1. More than 500 mortgage professionals attended the 2019 NPL Notes and Default Servicing Forum hosted by Information Management Network (IMN) in Fort Lauderdale, Florida.
2. NPL pricing remains competitive
3. General consensus that the real estate market is facing headwinds.
Anticipate a continuing slowdown in HPA and home sales, with recession likely. NPL volume, including 2nd liens, likely to increase later this year.