DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/1515872
MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 10 February 2024 G O O D R E A D S Win-Win Revolution: An Insider's Guide to Investing in the Secondary Mortgage Market Paperback Your Best Financial Life: Save Smart Now for the Future You Want The Ownership Dividend: The Coming Paradigm Shift in the U.S. Stock Markets The Pandemic Paradox: How the COVID Crisis Made Americans More Financially Secure b y B I L L B Y M E L A decade after the subprime mortgage meltdown of 2008, tens of billions of dollars' worth of real estate remain distressed, and even though conditions have improved, there are still sizeable profits to be made by investors in secondary markets. Author Bill Bymel has literally "writ- ten the book" on loss mitiga- tion for non-performing res- idential loans (NPLs). A real estate investor and broker for over 20 years, Bymel current- ly serves as CEO of First Lien Capital LP, a privately owned distressed mortgage invest- ment platform he founded in 2021, which owns over 700 residential mortgages and REOs in more than 30 states, valued at greater than $100 million. b y A N N E L E S T E R A former head of retirement solutions for JPMorgan Asset Management and award-win- ning investor, Anne Lester has written a simple, step-by- step blueprint that anyone can use to understand retirement savings for the future you deserve. Saving for a home and the future can seem daunting to many—and downright impossible for others—especially for the younger generations can find a way to save for your future. But everyone can find a way to save for the future, and with this book, you'll find actionable steps to demys- tify retirement tools using an easy-to-use roadmap to ensure you've saved enough for retirement by eliminating wasteful spending and how to stash your money where it really counts. b y DA N I E L P E R I S According to author Daniel Peris, we are on the verge of a paradigm shift for stock market investors. While divi- dend-focused stock investing used to be in vogue, today, that style is now a boutique approach. With many inves- tors focusing on market val- ues, this has led the investing public to downgrade the im- portance of dividends when they should be prioritizing them. Peris, who oversees his own dividend-focused portfolio on top of being an author, believes savvy individual investors, financial advisors, and institutional portfolio managers will want to position themselves to benefit from the reversion to cash-based investment rela- tionships in the years ahead. b y S C O T T F U L F O R D Around March 2020, the world stood still as COVID-19 spread and government mandated lockdowns put the world on pause. In just two months, 22 million people lost their jobs—and yet somehow, according to author Scott Fulford, the finances of most Americans improved during the time until lockdowns ended. Savings went up, debts went down, and fewer people had trouble paying their bills. Drawing information from the CFPB's "Making Ends Meet" survey—which he designed— to interweave macroeconomic trends in spending, saving, and debt with stories of individual Americans' economic lives during the pandemic. Meet the people who came out in a better position than they were before the lockdowns while Fulford argues that there is a better, fairer, more productive economy is still possible.