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Legal Industry Update

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2 wo lawyers were out hunting when they came upon a pair of tracks. ey stopped and examined the tracks closely. e first lawyer announced, "ose are deer tracks. It's deer season, so we should follow the tracks and find our prey." e second lawyer responded, "ose are clearly elk tracks, and elk are out of season. If we follow your advice, we' ll waste the day." Each attorney believed himself to be the superior woodsman, and they both bitterly stuck to their guns. ey were still arguing when the train hit them. Nobody likes attorneys, the old saying goes, until you need one. Well, the housing industry needs them now more than ever. In this month's issue of DS News we acknowledge the immeasurable contributions the legal profession has made—and will continue to make—to the housing industry. With our annual Black Book, we usher in the New Year by profiling the country's best financial services law firms, as well as by employing the collective expertise of some of the top minds in the industry to chart the roiling regulatory seas ahead with our inaugural Legal Industry Update. On each page, you'll find fresh insights into the latest legal issues confronting servicers, lenders, third-party service providers, and homeowners on both a national and state level. Just as we solicit expert advice from the leaders in the field, we'd like to tap yours, as well. Nothing is more valuable to us than the opinions and suggestions of our readers. Responding to the needs of our audience is essential to our mission of providing the most complete default servicing coverage available in any medium. Is there something going on in the market that you would like to see covered? Have an idea for a new type of feature? We're all ears. Drop us a line to let us know how we're doing. Email us at editor@dsnews.com or follow us on Twitter @DSNewsDaily and join in on the conversation. Welcome to the new year of DSNews. Have you heard the one about … FROM OUR DESK default servicing | in print and online VOL. 13 NO. 1 No part of this publication may be reproduced without written permission from the publisher. ©2014 REO Publishing LLC All Rights Reserved This publication is intended to provide accurate, authoritative, and detailed information in regard to the subject matter covered. All written materials are disseminated with the understanding that the publisher is not engaged in rendering legal advice or other professional services. Under no circumstance should the information contained herein be relied upon as legal advice as it is designed to be a source of information only. strongly encourages the use of qualified attorneys or other qualified experts with regard to the subject matter covered. does not guarantee the accuracy of the information, and is not liable for any damages, losses, or other detriment that may result from the use of these materials. PUBLISHER EDITOR DESIGN DSNEWS.COM VIDEO EDITOR STAFF WRITERS COPY EDITORS ADVERTISING DS NEWS BLACK BOOK AND LEGAL LEAGUE 100 SOCIAL MEDIA Mark Hulme Derek Templeton Jonathon Won Jordan Funderburk Tory Barringer, Krista Franks Brock, Scott Morgan, Brian Honea Alison Rich, Shalene Roberts Robyn Clayton: 214.525.6716 Courtney Coffey: 214.525.6781 Thomas Griffin: 214.525.6754 David Hoierman: 214.525.6728 Lindsay Wolf: 214.525.6713 Kevin McCrea: 214.525.6756 Jason Myers: 214.525.6760 Kelli Snowgren: 214.525.6786 Blake Stepan f o r m e rl y m a g a z i n e Follow DSNewsDaily on CHAIRMAN AND CHIEF CREATIVE OFFICER PRESIDENT AND CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER DIRECTOR OF ACCOUNTING DESIGN Mark Hulme Ed Delgado John Harrison Ernest Gillespie Sean Walker Jason Stone Jonathon Won Denis Kashoid

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