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
N O V E M B E R
2 0 1 3
CONTENTS
D S N E W S . C O M
OUT OF THE CHAOS
COMES SOLUTIONS
COVER STORY
T H I S M ON T H
from our desk . . . . . . . . . . . . . . . . . 2
contributors . . . . . . . . . . . . . . . . . . . 2
state of affairs . . . . . . . . . . . . . . . 71
DS Journal
Servicers say national settlement
obligations met, homeownership
eludes middle class, housing
activity at 85% of pre-recession
strength, FHA's first-ever bailout,
and much more . . . . . . . . . . . . . . . . . . 7
MARKET PULSE
Building a Chain
of Compliance
A layered approach maintains
the integrity and strength of
information security in the
mortgage servicing industry.
By Alan Jaffa and
Darren Kruk . . . . . . . . . . . . . . . . . . . 54
INSIDE THE BELTWAY
The housing disaster
has spawned
many creative and
cooperative new
ventures between
private and nonprofit
organizations,
and governmental
agencies.
By Sandra Lane | pg. 48
4
Qualifying Events
After many months of waiting—
and hand-wringing—the QM
and QRM rules will soon take
effect. But will these new
mortgage laws levy too many
limits on would-be buyers?
By Corry Schiermeyer . . . . . . . . . 59
SPECIAL SECTION
Property
Preservation Guide
From property inspections to
large rehabilitation projects,
the industry's top field service
companies are stabilizing the
nation's neighborhoods, one
home at a time. . . . . . . . . . . . . . . . . 61
