DS News

4 64 This Month FROM OUR DESK . . . . . . . . . . . . . . . . . . . . . 2 DS JOURNAL Fannie Mae and Freddie Mac CEOs Receive Multimillion-dollar Pay Increases, Mortgage Performance Improves Across the Board for Eight National Banks, Agency Purchase Loans Increase Substantially; Risk Index Hits Series High, Job Gains Total 223,000, Wage Growth Stalls . . . . . . . 7 COUNSEL'S CORNER Safeguard Properties General Counsel Linda Erkkila talks about proposed fast-track foreclosure legislation in Ohio and its possible applicability nationwide . . . . . . . . . . . . . . . . . . . . . . . .42 MOVERS & SHAKERS . . . . . . . . . . . . . . . .22 STATE OF AFFAIRS Impactful local market information at your fingertips . . . . . . . . . . . . . . . . . . . . .75 COVER STORY SEPARATE AND UNEQUAL e nation is taking steps to eliminate housing segregation. Will it work this time? By Derek Templeton & Brian Honea . . . . . . . . . . . . . . . . . . . .58 INDUSTRY INSIGHT "NEVER MIND EVERYONE" e TRID Delay: What it means for the Industry Now and In the Future By Richard Horn . . . . . . . . . . . . . . . . . .64 SUCCESS FORMULAS CATCHING UP WITH HENRY CISNEROS e former HUD Secretary weighs in on the silent housing crisis. By Brian Honea . . . . . . . . . . . . . . . . . . .68 INDUSTRY INSIGHT THE GIFT OF HINDSIGHT Did Prime Loans Cause e Mortgage Crisis? By Mark Lieberman . . . . . . . . . . . . . . .72 Contributors DEREK TEMPLETON is the editor of DS News. He is a licensed attorney based in Dallas, Texas and has practiced in the areas of real estate, financial services, and general corporate transactional law. His experience includes time as an Attorney Adviser for the U.S. Small Business Administration and as General Counsel for a nonprofit organization in Dallas. A self-avowed "policy junkie," he has a keen interest in the effect that evolving federal policy has on the mortgage, default servicing, and greater housing industries. BRIAN HONEA is the Online Editor for DSNews.com. His writing and editing career spans 13 years across many forms of media. He served as sports editor for two suburban newspaper chains in the Dallas, Texas area and has contributed for such publications as the Yahoo! Contributor Network and the Dallas Morning News. He has authored four non-fiction sports books, the latest of which, e Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. RICHARD HORN is the former CFPB Senior Counsel & Special Advisor who led the rule integrating the mortgage disclosures under the Truth in Lending Act and the Real Estate Settlement Procedures Act (the TILA-RESPA integrated disclosures, also known as "TRID"). He also has extensive experience from his years as a Senior Attorney at the FDIC. His law office Richard Horn Legal, PLLC specializes in consumer financial services regulation, with a focus on TRID and other areas of residential mortgage compliance. MARK LIEBERMAN is the former Senior Economist at Fox Business Network. He is now Managing Director and Senior Economist at Economics Analytics Research. He can be heard each Friday on e Morning Briefing on POTUS on Sirius- XM Radio 124. 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. J U L Y 2 0 1 5 C o n t e n t s D S N E W S . C O M 72 42 68 58 By Derek Templeton & Brian Honea SEPERATE BUT UNEQUAL NEVER MIND EVERYONE

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