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» VISIT US ONLINE @ DSNEWS.COM 95 Shapiro & Kirsch, LLP "We are on top of the changing regulations and stay ahead of our competition by being a leader in training and support in the state of Tennessee." Our clients' needs have always come first and this is the reason we will remain a leader in the industry from many years to come. Our services include: Foreclosure, Evictions, REO Closings, Bankruptcy, Title Resolution, Deeds In Lieu, Litigation Affiliations: Real Estate Owned Managers Association (REO Mac), United Trustees Association (UTA), California Mortgage Bankers Association (CMBA), American Legal & Financial Network (ALFN), Mort- gage Bankers Association (MBA) 555 Perkins Road Extended, Second Floor Memphis, TN 38117 901.767.5566 Phone kirschattorneys.com Website Established in 1985, Sheldon May & Associates, P.C. provides its clients industry leading service levels, with a boutique touch and feel, while adhering to the highest pro- fessional and ethical standards. Our firm's wide ranging expertise level ensures that its clients are able to obtain comprehensive legal advice all under "one roof ". It is our business to understand our clients' New York needs to which we bring to bear our expertise, insight and solutions. Vibrant, progressive and bold, Sheldon May & Associates, P.C. is the solution for an ever changing landscape. Ted Eric May, Esq., Managing Partner Sheldon May & Associates, P.C. www.maylawfirm.com 255 Merrick Road, Rockville Centre, New York 11570 ted.may@maylawfirm.com Email 516.763.3200 Phone 516.763. 3243 Fax SHD Legal Group, P.A., is a Martindale Hubbell Preeminent AV rated rm. For more than years, SHD has provided legal services to the mortgage banking industry on a statewide basis. Services include mortgage foreclosure, litigation, bankruptcy, eviction, and REO services. ‚ e rm maintains the highest legal standards and provides clients complete and thorough legal representation. SHD is proud to be a leader in establishing Florida case law supporting the mortgage servicing industry. Roy Diaz 954.564.0071 Phone 954.564.9252 Fax rdiaz@shdlegalgroup.com Email shdlegalgroup.com Website Weissman, Nowack, Curry & Wilco (WNCW) is nationally recognized as a full-service real estate and litigation law rm. Working with lenders and servicers of all types and sizes, WNCW o• ers compre- hensive quality default services, including residential and commercial foreclosures; Chapters •, , and - bankruptcies and adversary actions; eviction proceedings; com- plex litigation; REO property; title curative and litigation; closings; and loss mitigation workouts. With over †‡ lawyers practicing across the Southeast, the Firm has oŠ ces throughout metropolitan Atlanta. Brent Wardrop One Alliance Center, 4th Floor 3500 Lenox Road | Atlanta, GA 30326 404.926.4694 Phone 404.926.4894 Fax www.wncwlaw.com CAPTURING TODAY'S DIVERSE OPPORTUNITIES Enterprising women- and minority-led groups are transforming markets across the country in their efforts to advance recovery. ONLY TIME WILL TELL Foreclosure timelines vary from state to state affecting Americans differently. Is this helping or hurting the industry? THE FINAL WORD ON SERVICING Now that the CFPB has unveiled its mortgage servicing rules, let's take a closer look at these definitive directives and what they mean for servicers. THE ABSOLUTE TRUTH Enforceability of absolute assignments in Chapter 11 can be highly unpredictable, with significant variance from jurisdiction to jurisdiction and judge to judge. Bankruptcy isn't the waiting game it used to be— government programs and settlement terms put homeowners and servicers on the same side of structured progress. default servicing in print and online @ dsnews.com 03.2013 Bankruptcy isn't the waiting game it used to be— RESOLUTION IN BANKRUPTCY DIVERSE OPPORTUNITIES Enterprising women- and THE ABSOLUTE TRUTH Enforceability of absolute assignments in Chapter 11 can be highly unpredictable, with significant variance from jurisdiction to jurisdiction and judge to judge. default servicing in print and online dsnews.com THE FINAL WORD ON SERVICING Now that the CFPB has unveiled its mortgage servicing rules, let's take a closer look at these definitive directives and what they mean for servicers. THE ABSOLUTE TRUTH Enforceability of absolute assignments in Chapter 11 can default servicing in print and online @ dsnews.com PINPOINTING REO VALUES When it comes to distressed addresses, the old adage rings true: It's all about location— of the asset, the economy, and the buyers. ENTER THE eNOTE Electronically signed promissory notes are landing on court dockets. Here's what pros need to know to avoid legal wranglings and get their judicial foreclosures off the ground. JUDICIOUS PROPERTY MANAGER NEEDED Amid budget cuts and promises to eliminate waste, the government is bleeding billions to maintain and secure vacant, underutilized federally owned properties. PINPOINTING REO PINPOINTING REO PINPOINTING REO PINPOINTING REO PINPOINTING REO PINPOINTING REO PINPOINTING REO PINPOINTING REO VALUES VALUES VALUES VALUES VALUES When it comes to When it comes to When it comes to When it comes to When it comes to When it comes to When it comes to distressed addresses, distressed addresses, distressed addresses, distressed addresses, distressed addresses, distressed addresses, distressed addresses, distressed addresses, the old adage rings true: the old adage rings true: the old adage rings true: the old adage rings true: the old adage rings true: the old adage rings true: the old adage rings true: the old adage rings true: It's all about location— It's all about location— It's all about location— It's all about location— It's all about location— It's all about location— It's all about location— of the asset, the economy, of the asset, the economy, of the asset, the economy, of the asset, the economy, of the asset, the economy, of the asset, the economy, of the asset, the economy, of the asset, the economy, of the asset, the economy, and the buyers. and the buyers. and the buyers. and the buyers. and the buyers. and the buyers. and the buyers. ENTER THE ENTER THE ENTER THE ENTER THE ENTER THE ENTER THE eNOTE NOTE NOTE NOTE Electronically signed Electronically signed Electronically signed Electronically signed Electronically signed Electronically signed Electronically signed Electronically signed promissory notes are landing promissory notes are landing promissory notes are landing promissory notes are landing promissory notes are landing promissory notes are landing promissory notes are landing promissory notes are landing promissory notes are landing promissory notes are landing on court dockets. Here's what on court dockets. Here's what on court dockets. Here's what on court dockets. Here's what on court dockets. Here's what on court dockets. Here's what on court dockets. Here's what on court dockets. Here's what on court dockets. Here's what on court dockets. Here's what pros need to know to avoid pros need to know to avoid pros need to know to avoid pros need to know to avoid pros need to know to avoid pros need to know to avoid pros need to know to avoid pros need to know to avoid pros need to know to avoid pros need to know to avoid legal wranglings and get legal wranglings and get legal wranglings and get legal wranglings and get legal wranglings and get legal wranglings and get legal wranglings and get legal wranglings and get legal wranglings and get their judicial foreclosures their judicial foreclosures their judicial foreclosures their judicial foreclosures their judicial foreclosures their judicial foreclosures their judicial foreclosures their judicial foreclosures their judicial foreclosures their judicial foreclosures off the ground. off the ground. off the ground. off the ground. off the ground. JUDICIOUS PROPERTY JUDICIOUS PROPERTY JUDICIOUS PROPERTY JUDICIOUS PROPERTY JUDICIOUS PROPERTY JUDICIOUS PROPERTY JUDICIOUS PROPERTY JUDICIOUS PROPERTY JUDICIOUS PROPERTY JUDICIOUS PROPERTY MANAGER NEEDED MANAGER NEEDED MANAGER NEEDED MANAGER NEEDED MANAGER NEEDED MANAGER NEEDED MANAGER NEEDED MANAGER NEEDED MANAGER NEEDED Amid budget cuts and Amid budget cuts and Amid budget cuts and Amid budget cuts and Amid budget cuts and Amid budget cuts and Amid budget cuts and Amid budget cuts and Amid budget cuts and promises to eliminate promises to eliminate promises to eliminate promises to eliminate promises to eliminate promises to eliminate promises to eliminate promises to eliminate waste, the government waste, the government waste, the government waste, the government waste, the government waste, the government waste, the government waste, the government is bleeding billions to is bleeding billions to is bleeding billions to is bleeding billions to is bleeding billions to is bleeding billions to is bleeding billions to maintain and secure vacant, maintain and secure vacant, maintain and secure vacant, maintain and secure vacant, maintain and secure vacant, maintain and secure vacant, maintain and secure vacant, maintain and secure vacant, underutilized federally underutilized federally underutilized federally underutilized federally underutilized federally underutilized federally underutilized federally underutilized federally underutilized federally owned properties. owned properties. owned properties. owned properties. owned properties. owned properties. owned properties. default servicing in print and online @ dsnews.com 04 .2013 Where Oh Where Did My REO Go? The once- strong stock of bank-owned homes is dialing down in many markets, and numbers seem programmed for a brusque ebb and fl ow. Cover Story THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com.

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