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DS News November 2019

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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2 Preserving What Matters Property preservation is an industry that requires constant change and adaptation. In this, the November issue of DS News, we focus on how prop pres professionals are standing firm in the face of those changes, and building a better future for themselves and their customers. is month's cover story, "Keeping It All Together," dives into the key challenges currently facing the property preservation sector. DS News spoke with the experts about creative solutions to deal with damaging waves of natural disasters, increased costs on all fronts, vendor management, and many other hurdles. Next, in "Putting Inspections Under the Microscope," Matt Jones, AVP of Operations, Mortgage Contracting Services, discusses why the inspections process can sometimes feel more like an art than a science—but it remains a critical aspect of a prop pres strategy. Mit Somaiya, VP, Offshore Property Services, IMS People, then explores the benefits of outsourcing property preservation data entry and auditing in "Poised for Growth." In "Repairing for Returns," Alyssa Sprague, Account Manager, Property Masters, discusses how to focus on renovations that will give investors the best ROI and ensure their properties are the first off the market. Finally, Nicholas J. Vanhook, Partner, and Jane E. Bond, Managing Partner, of McCalla Raymer Leibert Pierce, LLC, reveal why new laws could complicate the foreclosure sales process in "Junior Lienholders: Claim Your Surplus Funds." You can find it all between these pages, along with spotlights on some of the industry's top organizations in our 2019 Property Preservation Guide. Welcome to the November 2019 edition of DS News. David Wharton Managing Editor FROM OUR DESK VOL. 17 NO. 11 No part of this publication may be reproduced without written permission from the publisher. ©2019 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 MANAGING EDITOR EXECUTIVE CREATIVE DIRECTOR REPORTERS ONLINE CONTRIBUTOR COPY EDITOR ADVERTISING 2019 EDITORIAL ADVISORY BOARD Mark Hulme Rachel Williams David Wharton Jonathon Won Mike Albanese Seth Welborn Radhika Ojha Brandy Scott Kevin McCrea: 214.525.6756 Dawn Adams, SVP, Default Servicing, Roundpoint Mortgage Servicing Raymond Brousseau, President, Carrington Mortgage Holdings Tendayi Kapfidze, Chief Economist, LendingTree Courtney Thompson, Director, Default Servicing Operations Jacob Williamson, VP, Distressed Assets, Fannie Mae Follow DSNewsDaily on CHAIRMAN AND CHIEF CREATIVE OFFICER PRESIDENT AND CHIEF EXECUTIVE OFFICER PROFESSIONAL ASSOCIATIONS American Mortgage Diversity Council, National Mortgage Servicing Association, and Property Preservation Executive Forum FORCE Legal League 100 DESIGN Mark Hulme Ed Delgado Rachel Williams: 214.525.6748 Annie Collier: 214.525.6740 Lindsay Wolf: 214.525.6786 Jordan Funderburk Jason Stone Sean Walker Jonathon Won

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