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2 The Road to Reform Since assuming office in April 2019, Federal Housing Finance Agency Dr. Mark A. Calabria has made GSE reform a top priority, frequently discussing how he and the Agency are working to bring Fannie Mae and Freddie Mac out from under the umbrella of conservatorship. is is a major change that would have significant impacts on the American housing system, and one that has been endlessly debated, discussed, and deliberated over the past decade. In this month's cover story, "Finding a Path Out of Conservatorship," servicers and other subject matter experts put the GSEs' move out of conservatorship under the microscope. DS News looks at the GSEs' history, the stakes involved, and the challenges ahead. e discussion continues in "Housing Reform: Step by Step," written by Rohit Gupta, President and CEO, Genworth Mortgage Insurance. As the government and industry work to build and maintain a more stable housing market, Gupta examines what factors must be at the forefront of this process. With the nation in the grips of the COVID-19 pandemic, this issue also includes special section of our coverage on the topic. at coverage continues in the April edition of our sister publication, MReport, which also features a cover story focused on the industry's response to the outbreak and the many changes it is bringing about. Next up, Auction.com's VP of Market Economics, Daren Blomquist, brings us "e Future of Auction Sales." With the economy and housing market in a period of unpredictable change, what lies ahead for the foreclosure auction sector? In "Leveraging Machine Learning for Better Default Decisions," Miriam Moore, Division President of Default Services for ServiceLink, discusses why the potential for artificial intelligence to drive industry innovation isn't limited to the origination sector. Finally, in "With Your Permission," Lynn Sheck, SVP of Enterprise and Strategic Sales at Finicity, takes a look at the ways consumer-permissioned data is transforming default servicing. Welcome to the April 2020 edition of DS News. David Wharton Managing Editor VOL. 18 NO. 4 PUBLISHER Mark Hulme EDITOR-IN-CHIEF Rachel Williams MANAGING EDITOR David Wharton EXECUTIVE CREATIVE DIRECTOR Jonathon Won REPORTERS Mike Albanese Seth Welborn CONTRIBUTORS Daren Blomquist Phil Britt Rohit Gupta Miriam Moore Lynn Sheck ONLINE CONTRIBUTOR Krista Franks Brock Andy Beth Miller COPY EDITOR Brandy Scott ADVERTISING Kevin McCrea: 214.525.6756 2020 EDITORIAL ADVISORY BOARD Dawn Adams, SVP, Default Servicing, Roundpoint Mortgage Servicing Tendayi Kapfidze, Chief Economist, LendingTree Courtney Thompson, Director, Default Servicing Operations Jacob Williamson, VP, Distressed Assets, Fannie Mae Kim Yowell, EVP of Servicing, Fairway Independent Mortgage Corporation CHAIRMAN AND CHIEF CREATIVE OFFICER Mark Hulme PRESIDENT AND CHIEF EXECUTIVE OFFICER Ed Delgado AMERICAN MORTGAGE DIVERSITY COUNCIL Marcela Bruner: 214.525.6769 FORCE Annie Collier: 214.525.6740 LEGAL LEAGUE 100 Lindsay Wolf: 214.525.6786 NATIONAL MORTGAGE SERVICING ASSOCIATION, Rachel Williams: 214.525.6748 NON-PRIME LENDING COUNCIL, PROPERTY PRESERVATION EXECUTIVE FORUM Saundra Dillinger: 214.525.6770 DESIGN Jordan Funderburk Jason Stone Sean Walker Jonathon Won No part of this publication may be reproduced without written permission from the publisher. ©2020 Five Star Global, 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. Follow DSNewsDaily on From Our Desk

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