DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/471439
4 62 This Month FROM OUR DESK . . . . . . . . . . . . . . . . . . . . . 2 DS JOURNAL House Votes to Delay Key Provision of Dodd-Frank Act, Ocwen's Troubles with Rating Agencies, Investors Continue, Fannie Mae Expects Economy to Drag Housing Toward Recovery in 2015, JPMorgan Chase Reports Record Earnings for 2014; Wells Fargo Net Income Up 5 Percent . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 MOVERS & SHAKERS . . . . . . . . . . . . . . . .24 STATE OF AFFAIRS e State of Affairs section provides impactful local market information at your fingertips . . . . . . . . . . . . . . . . . . . . .77 SUCCESS FORMULA THE PERSONAL TOUCH: BUILDING SUCCESS ONE RELATIONSHIP AT A TIME Mortgage Contracting Services thrives by maintaining personal relationships within the company, with outside vendors and clients, and in the communities in which it operates. By Scott Morgan . . . . . . . . . . . . . . . . . . .62 INDUSTRY INSIGHT A BETTER WAY TO REPORT COLLATERAL VALUE As the industry continues to work through the backlog of distressed properties, an improving economy is making it harder to estimate their value, making the standard BPO less useful. e opinion is needed, but it also needs a story behind it. By Ron Ahlensdorf Jr. . . . . . . . . . . . . .68 INDUSTRY INSIGHT GINNIE MAE: TRANSFORMING THE EVOLVING MARKETPLACE In the face of a changing industry, Ginnie Mae continues to lead the discussion on the state of housing finance. By Ted Tozer . . . . . . . . . . . . . . . . . . . . . .72 Contributors MARK MCARDLE is Chief Homeownership Preservation Officer in the Office of Financial Stability. He oversees the management of the Treasury Department's Making Home Affordable program and advises on housing finance reform matters. While at Treasury, McArdle has played a key role in the policy development for the Home Affordable Modification Program (HAMP), and oversaw the creation of the Hardest Hit Fund. 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. RON AHLENSDORF, JR. is president of Summit Valuations, LLC, where he is responsible for strategic partnerships, product development and revenue growth. Mr. Ahlensdorf has over 15 years of relevant industry experience, a track record of execution, and a hands-on approach to tailoring to client needs with products, which has earned him the highest respect in the industry. THEODORE W. TOZER was sworn in as President of Ginnie Mae on February 24, 2010, bringing with him more than 30 years of experience in the mortgage, banking, and securities industries. As President of Ginnie Mae, Mr. Tozer actively manages Ginnie Mae's $1.5 trillion portfolio of mortgage- backed securities (MBS) and more than $460 billion in annual issuance. 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. M A R C H 2 0 1 5 C o n t e n t s D S N E W S . C O M 72 68 56 Treasury Speaks Out On Making Home Affordable for Struggling Homeowners and What We've Learned From the Crisis STRONGER ON THE OTHER SIDE