Print Features

Editor's note: This story originally appeared in the January edition of DS News.  COVID-19’s impact on the mortgage servicing industry has been unlike anything ever seen before, not just in the magnitude of the economic downturn, but also in its precipitousness.    ...

Editor's note: This story originally appeared in the January edition of DS News.  COVID-19 was the centerpiece of legal actions affecting the default servicing industry in 2020 and will likely be for at least the first several months of 2021. The pandemic resulted in a lengthy backlog of ...

Editor's note: This story originally appeared in the December edition of DS News.  Dallas homeowner and military veteran Tommie Lee Morgan needed a new roof.  One morning in October 2019, nearly two-dozen volunteers descended upon his home. By the time the ...

COVID-19 and new waves of natural disasters have forced the industry to adapt rapidly. Editor's note: This story originally appeared in the December edition of DSNews, out now.

Editor's note: This story originally appeared in the December edition of DSNews, out now. It was Ancient Greek philosopher Heraclitus who determined “there is nothing permanent except change.” It’s hard to believe Heraclitus could imagine just how much things would change more than 2,500 years later, but his theory certainly applies to the residential mortgage compliance world, which grows more complex with every passing ...

From the confusion of the initial outbreak, on through forbearances and internal challenges, here’s how default servicing set the pace for the most challenging year since the last housing crisis. Editor's note: This piece originally ran in the December issue of DS News.

Editor's note: This story originally appeared in the November edition of DS News.  Mortgage forbearance is still a reality for many borrowers and servicers, more than six months after the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) took effect on March 27. Under the CARES Act, mortgage ...

Editor's note: This story originally appeared in the November edition of DS News. Steve Bailey, Senior Managing Director and Chief Mortgage Operations Officer at PennyMac Financial Services, Inc.,  has held a variety of roles and responsibilities since joining PennyMac in 2010. He is responsible for ...

California takes a time machine to the era of Dodd-Frank reform with its Department of Financial Protection and Innovation. Editor's note: this piece previously appeared in the November printed edition of DS News.

This story originally appeared in the November edition of DS News.   With more than 30 years’ mortgage industry experience, William J. Tessar joined CIVIC Financial Services in March 2017. He previously founded and served as President of three mortgage companies resulting ...