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Issue link: http://digital.dsnews.com/i/329085
4 This Month FROM OUR DESK . . . . . . . . . . . . . . . . . . . . . 2 DS JOURNAL Report: Obama to tap San Antonio Mayor for HUD, Seriously underwater properties fall to lowest level in two years, Spring recovery: Dead on Arrival?, Total home sales and prices tick slightly upward in March, and much more ….. 7 MOVERS & SHAKERS . . . . . . . . . . . . . . . .32 STATE OF AFFAIRS e State of Affairs section presents impactful local market information at your fingertips . . . . . . . . . . . . . . . . . . . . .77 COVER STORY MEL WATT: MAN OF MYSTERY As the new FHFA director begins to emerge from the shadows, many wonder how he will lead FHFA. By Kerri Panchuk . . . . . . . . . . . . . . . . . . .48 INDUSTRY INSIGHT GOVERNING HOUSING'S ANTECEDENT STATE Candidates for the California governorship advance/harbor starkly different outlooks for the state's real estate and mortgage markets over next four years. By Kenneth Kurel and Heather Moldovan . . . . . . . . . . . . . . . . .56 SPECIAL SECTION PROPERTY VALUATION INDEX DS News' annual guide profiles the industry's top-rated property valuation providers . . . . . . . . . . . . . . . . . . . . . . . .65 Contributors CARRIE BAY is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews. com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English. CHRIS MCLAIN is VP of Sales and Marketing at First Valuation, bringing more than 20 years of experience in the mortgage, appraisal, and real estate industries. In addition to the various sales and marketing executive roles he has filled within the valuation industry, he has also worked as an appraiser, is a licensed real estate agent, and previously served as president of the Florida Quality Council. A U.S. Army veteran of the 101st Airborne Division, Chris currently resides in Gainesville, Florida where he enjoys spending time with his family and cheering on the Florida Gators. KERRI PANCHUK is a contributing writer for DSNews.com, bringing more than 10 years of experience covering housing with a specialization in default servicing, structured financing, mortgage litigation and real estate. Kerri formerly served DSNews.com as a writer and editor, while anchoring and producing the daily online webcasts. 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. 62 J U N E 2 0 1 4 C o n t e n t s D S N E W S . C O M 48 BY KERRI PANCHUK 52 56