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DS News September 2022

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

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4 S E P T E M B E R 2 0 2 2 | C O N T E N T S | D S N E W S . C O M Cover Story 64 Subject matter experts from Mr. Cooper, Richey May, Sagent, and e Basis Point discuss the health of America's $12 trillion mortgage servicing industry, asking, "Are we in a golden age of mortgage servicing?" By Phil Britt LESSONS LEARNED FROM PANDEMIC SERVICING FEATURE 68 How to Win at Cybersecurity: Become a 'Sneaker' CISO In the world of cybercrimes, the effective execution and deployment of technology, people, and processes are the first steps in building a culture of information security. By Tony Carothers FEATURE 72 Reflecting the Communities We Serve As the industry makes strides to increase homeownership for marginalized individuals, the mortgage finance space must keep pace to meet the needs of this group by enhancing its DEI efforts. By Justin Foster QUICK TAKE 76 Zeroing in on Servicer Convenience Fees e CFPB and state regulatory bodies are closely scrutinizing all mortgage-related fees, from the start of a loan to the ongoing servicing of the loan, to ensure compliance with the Fair Debt Collection Practices Act. By Joshua Fieldgrove QUICK TAKE 80 Providing Opportunities for Homeownership Fannie Mae's REO repair strategy focuses on innovative solutions to help support repair and upkeep of properties. By Jacob Williamson QUICK TAKE 82 Servicers Adapt to Changing Times COVID-19 presented mortgage servicers with a new challenge, creating and executing new customer solutions, while managing the impact of the pandemic on their own workforce. By Erik Schmitt

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