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2 Past Achievements & Future Challenges As we leave another of our annual Five Star Conferences in the rearview mirror and head into the final months of 2022, we can't help but reflect on where we've been and where we're going. at sense of perspective is at the heart of this issue, which includes a selection of snapshots from the Conference itself (and if you weren't able to join us, we hope we'll see you in '23!), as well as a cover profile of our Lifetime Achievement Award winner. is award has been a staple of the Conference for years, each time highlighting a mortgage executive who has left an indelible mark on our industry. is year, Five Star was proud to honor Wes G. Iseley, EVP and Senior Managing Director of Carrington Holding Company. Former Chairman of Five Star's National Mortgage Servicing Association from 2019-2021, Iseley is a 40-year industry veteran who previously served at organizations including Saxon Mortgage and Fremont General. Iseley is also currently serving as President of the California Mortgage Bankers Association. In this cover profile, Iseley speaks with DS News about his four decades of service and shares his thoughts on the keys to successful leadership. Next up is a feature entitled "e Time Is Right," from Lori J. Pinto, SVP of Business Development for Cenlar. With the market shifting, Pinto discusses why financial institutions should consider partnering with a mortgage servicer now. In "Next Steps for Default Servicing," Jonathan R. Kolodziej, a partner at Bradley Arant Boult Cummings LLP, talks about why, as fears of a recession grow, it would be prudent for everyone—servicers and regulators alike—to think hard about default servicing improvements and reforms. In this issue, Jerry McCoy, SVP of Performance Management of LoanCare, also brings "Safe and Sound," in which he lays out three keys to enabling sound servicing decisions using data-driven technology. Also be sure to check out this issue's Exchange interview, including conversations with John Vella, Chief Revenue Officer of Selene Finance and Jacob Williamson, SVP, Single-Family, Head of Collateral Risk Management at Fannie Mae. Welcome to the October edition of DS News. David Wharton Editor-in-Chief VOL. 20 NO. 10 EDITOR-IN-CHIEF David Wharton MANAGING DIGITAL EDITOR Eric C. Peck REPORTERS Kyle G. Horst, Demetria Lester MAGAZINE CONTRIBUTORS Jonathan R. Kolodziej Jerry McCoy Lori J. Pinto COPY EDITOR Brandy Scott ADVERTISING Sales: 214.525.6700 EDITORIAL ADVISORY BOARD John Dunnery, VP, Government Loan Servicing, Mr. Cooper Benjamin Gottheim, Director, Mortgage Servicing Policy, Freddie Mac Michele Kryczkowski, SVP Operations, Distributed Retail, Planet Home Lending Alex McGillis, Senior Director, Product Development, The Answer, Quicken Loans Erik Schmitt, Managing Director, Origination Division, Chase Home Lending Douglas Whittemore, Head of Default Servicing, US Bank Jacob Williamson, VP Single-Family Collateral Risk Management, Fannie Mae Kim Yowell, EVP of Servicing, Fairway Independent Mortgage Servicing PRESIDENT & CFO Jonathan Hughes DESIGN Jordan Funderburk Jason Stone No part of this publication may be reproduced without written permission from the publisher. ©2022 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