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Print Features

  • The Mortgage Market: 10 Years, 10 Big Changes

    More than a decade after the financial crisis, the residential mortgage market has undergone fundamental shifts. How must servicers adapt to better serve the needs of this transformed landscape? ...

  • Up in the Air: Assisting Borrowers in Default

    From leveraging technology to the critical human element, here's how servicers and industry professionals are working to guide defaulting borrowers through a stressful time period and back to solid ground. Editor's note: this feature originally appeared in the May edition of DS News. ...

  • The Age of the Super-Servicer

    How are default servicing professionals helping the mortgage industry see fewer defaults and delinquencies? The answer is simple: communication, communication, communication. ...

  • GSE Reform: Guarding the Market

    Editor's note: This piece originally appeared in the April edition of DS News, available online. GSE reform may be the new “third rail” of American politics, and maybe that’s not such a bad thing. When Congress gets involved, regardless of your perspective, the old adage applies: be careful what you...

  • Chapter 13 Bankruptcy: A Matter of Definition

    A recent court of appeals decision could impact creditors in Chapter 13 bankruptcy cases—and it all comes down to defining the term “provided for.” Editor's note: this story originally appeared in the April 2019 edition of DS News. ...

The Gift of Hindsight: Did Prime Loans Cause the Mortgage Crisis?

But a new analysis of the mortgage crisis, which cost millions of families their homes and brought down storied financial institutions such as Lehman Brothers and Washington Mutual, suggests prime loans, not subprime, were the major driver and “the crisis was not solely, or even primarily, a subprime sector event.” This select print feature will appear in the August 2015 issue of DS News.

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The Five Pillars of Risk Management

As a mortgage banker, originator or servicer, you may be thinking, “Can the Consumer Financial Protection Bureau (CFPB) interfere with my supplier and service provider relationships?” If you’re asking that question, it is useful to learn more about the CFPB’s vendor oversight expectations. Editor's note: This select print feature is scheduled to appear in the July 2015 issue of DS News, available on July 1.

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Numbers Don’t Lie: Complaints to the CFPB May Not Be What They Seem

In fact, the industry discovered that simply analyzing data from the CFPB is not enough, especially since the database arrives with its own built-in bias—that bias being the very nature of the database itself. It collects complaints, not praises, and ignores the larger universe of loans serviced nationwide. To fill the void of well-rounded data, Black Knight Financial Services and the Five Star Institute jumped into the missing space and used data from the CFPB database and its own analytics to inform its latest white paper on CFPB complaints. This select print feature originally appeared in the May 2015 issue of DS News magazine.

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The Underappreciated Impact of Dodd-Frank: The Rise of Federal and State Regulatory Cooperation

There are multiple levels of regulation in the financial services industry with federal, state, and even local officials supervising companies within the industry. These regulators often cooperate, but also sometimes act in conflict with one another in their pursuit of consumer protection and enforcement of laws. This select print feature originally appeared in the February 2015 issue of DS News magazine.

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Ginnie Mae: Transforming the Evolving Marketplace

Today’s housing market barely resembles the market that existed five or even four years ago, much less the environment that was in place when Ginnie Mae was created in 1968 or when it issued the world’s first mortgage-backed security (MBS) in 1970.

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Vandalism, Arson — Or Both?

With so many legal stipulations to bear in mind, deserted dwellings are anything but an open-and-shut case. As foreclosure resolution time frames swell, servicers and investors must maintain property preservation standards for longer periods of time. Properties at the highest risk of loss or damage are vacant properties. Vacancy presents a host of problems to servicers and investors in managing their foreclosure inventory. Paramount among those concerns is vandalism.

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Prudent or Petty: The Government’s Settlement Strategy

In light of their ineffectiveness in preventing another downturn in housing and their possible contribution to the slowness of the housing recovery, the question then becomes whether the imposition of penalties by the federal government, while "not insurmountable," is really in the best interest of the American consumer. Are they prudent or just petty?

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Shuffling the Deck: Staying Ahead of the Housing Recovery

Housing Recovery

In the housing industry, the only constant is change. In an economy that is still on the road to housing recovery and an industry that is still in a period of consolidation after the biggest financial downturn since the Great Depression, the best in the business are nimble on their feet and adaptable to the set of circumstances that is presented.

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