DS News

2 Thriving in 2019 In the early days of 2019, the road ahead for default servicing looks, in many ways, much the same as it did in 2018. While some speculate of an economic or housing downturn in the months ahead or in 2020, the shape of that hypothetical downturn is no more certain than when or if it will happen at all. ere are some eventualities that are easier to predict, however. Until such a downturn occurs, default volumes will likely remain historically low, even as interest rates are likely to continue rising in 2019. And so, for our February issue, DS News examines the evolving landscape of default servicing—what's changing, what's staying the same, and how servicers and service providers can adapt to thrive even amidst the current challenges. at begins with our cover story, "Looking for Solutions." In it, DS News' David Wharton speaks with representatives from Fannie Mae, Freddie Mac, BSI Financial, DIMONT, and National Tax Search about how the industry is adapting to the current landscape—and how it should be preparing for what's to come. Next, Safeguard CEO Alan Jaffa brings us "Adapt, Evolve ... and Remember the Basics," which examines how field services companies need to balance property tech innovation against a commitment to the human element. In "Unlocking Loss Mitigation," Travis Rulle, SVP of Mortgage Operations, RoundPoint Mortgage Servicing Corporation, discusses the three critical elements servicers will need to when it comes to supporting their loss mitigation efforts in the event of a future downturn: data, technology, and people. For our last feature of the month, Hyland's Steve Comer, Director of Financial Services, is your guide to "Working in the Clouds," which breaks down the benefits of secure cloud-based sharing in default servicing. Finally, be sure to check out our Best in Servicing Tools guide, which profiles the companies at the forefront of providing the tech and tools servicers need to get business done, no matter what 2019 may hold. Welcome to the February edition of DS News—and thank you for reading. Best regards, Rachel Williams Editor-in-Chief FROM OUR DESK default servicing | in print and online VOL. 17 NO. 2 No part of this publication may be reproduced without written permission from the publisher. ©2018 REO Publishing LLC All Rights Reserved This publication is intended to provide accurate, authoritative, and detailed information in regard to the subject matter covered. All written materials are disseminated with the understanding that the publisher is not engaged in rendering legal advice or other professional services. Under no circumstance should the information contained herein be relied upon as legal advice as it is designed to be a source of information only. DS News strongly encourages the use of qualified attorneys or other qualified experts with regard to the subject matter covered. DS News does not guarantee the accuracy of the information, and is not liable for any damages, losses, or other detriments that may result from the use of these materials. PUBLISHER EDITOR-IN-CHIEF DESIGN ONLINE EDITOR ONLINE CONTRIBUTORS COPY EDITOR ADVERTISING Mark Hulme Rachel Williams Jonathon Won David Wharton Krista Franks Brock Donna Joseph Scott Morgan Radhika Ojha Seth Welborn Brandy Scott Suzanne Andresen: 207.443.3314 Vanessa Foster: 214.525.6734 Kevin McCrea: 214.525.6756 Follow DSNewsDaily on CHAIRMAN AND CHIEF CREATIVE OFFICER PRESIDENT AND CHIEF EXECUTIVE OFFICER DIRECTOR OF ACCOUNTING ASSOCIATE GENERAL COUNSEL PROFESSIONAL ASSOCIATIONS FORCE, Legal League 100, American Mortgage Diversity Council, National Mortgage Servicing Association, and Property Preservation Executive Forum DESIGN Mark Hulme Ed Delgado Jake Davis Derek Templeton Derek Templeton: 214.525.6757 Jonathon Won Sean Walker Jason Stone

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