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Stepping Up to the Plate

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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

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