D E FAU LT S E R V I C I N G | I N P R I N T A N D O N L I N E
O C T O B E R
2 0 1 3
C O N T E N T S
D S N E W S . C O M
COVER STORY
STEPPING UP
TO THE PLATE
As government bows
out from its leadoff
position in the housing
finance drama, a new
game unfolds with
private guarantors
on deck.
T H I S M ON T H
from our desk . . . . . . . . . . . . . . . . . 2
contributors . . . . . . . . . . . . . . . . . . . 2
exposure . . . . . . . . . . . . . . . . . . . . . . . 10
state of affairs . . . . . . . . . . . . . . . 69
DS Journal
CFPB finalizes mortgage rules,
consumer survey shows support
for financial regulations, progress
assessments five years after the
crash, housing affordability at fouryear low, and much more . . . . . . . . 9
PROFILE IN LEADERSHIP
The Essential Hallmarks
of a Good Leader
"In periods where there is no
leadership, society stands
still. Progress occurs when
courageous, skillful leaders
seize the opportunity to change
things for the better."
—Harry S. Truman
By Jamie Dimon . . . . . . . . . . . . . . . 54
MARKET PULSE
Selling Short in
Today's Market
While efforts have been made
to streamline and simplify the
preforeclosure sales process,
the rise (and fall) of short
sales varies widely.
By Sandra Lane . . . . . . . . . . . . . . . . 60
POINT—COUNTERPOINT
Are We There Yet?
By Krista Franks Brock | pg.50
4
After years of dashed hopes,
false bottoms, and artificial
trend-builders, deciphering the
signs of recovery requires more
than a traditional understanding
of the market.
With Daniel Hartley,
Kyle Fee, and Jed Kolko . . . . . . . 64