4
62
This Month
FROM OUR DESK . . . . . . . . . . . . . . . . . . . . . 2
DS JOURNAL
Wells Fargo lawsuit alleges 'Retro-
Signed' foreclosure documents,
Employment cuts reflect changes in
mortgage industry, Nonprime market
sees new entrant, Distressed sales and
investor purchases fall in February, and
much more . . . . . . . . . . . . . . . . . . . . . . . . . 7
MOVERS & SHAKERS . . . . . . . . . . . . . . . .32
STATE OF AFFAIRS
e State of Affairs section presents
impactful local market information at
your fingertips . . . . . . . . . . . . . . . . . . . . .75
COVER STORY
ERROR MESSAGE
In the wake of the crisis, the government
presented programs designed to save
American homeowners. With a lofty
goal of saving more than 4 million
homeowners, it's time to check in and see
if the original message was received.
By Scott Morgan . . . . . . . . . . . . . . . . . . . .52
INDUSTRY INSIGHT
REORGANIZING
PRIORITIES
ALTA has a set of best practices that
offer guidance for managing REOs.
By Kenneth Kurel and
Heather Moldovan . . . . . . . . . . . . . . . . .58
SPECIAL SECTION
DECODING DEFAULT
TECHNOLOGY
DS News' annual guide profiles the
industry's top-rated Default Technology
providers . . . . . . . . . . . . . . . . . . . . . . . . . . .65
Contributors
SCOTT MORGAN is a multi-award-
winning journalist and editor based
out of Texas. During his 11 years as a
newspaper journalist, he wrote more
than 4,000 published pieces. He's been
recognized for his work since 2001,
and his creative writing continues to
win acclaim from readers and fellow
writers alike. He is also a creative writing
teacher and the author of several books,
from short fiction to written works about
writing.
KENNETH KUREL AND HEATHER
MOLDOVAN Co-authored by Trott
& Trott Partner Kenneth Kurel and
Attorneys Title Agency VP and REO
Division Manager Heather Moldovan.
Trott & Trott is a Michigan-based real
estate law firm and Attorneys Title
Agency is a full-service title insurance
agency with more than 30 offices in
Michigan, Ohio, and Indiana.
Join the Conversation
Do you have a suggestion, story idea,
or feedback you'd like to share with DS
News readers? Help shape our next issue
and e-mail Editor@DSNews.com.
7
58
M A Y 2 0 1 4 C o n t e n t s D S N E W S . C O M
58
BY SCOTT MORGAN
PAGE 52
HAMP AND HARP STRUGGLE TO MEET GOALS.