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84 with the Default Managing Reporting System (DMRS) of Fannie Mae, according to an an- nouncement from NetDirector. Current and prospective customers will be able to automate the reporting process with Fannie Mae by using the new addition to NetDirector's Default Servicing ecosystem. e first group of firms to go live with the new DRMS integration was the LOGS attorney network, with support from their technology solutions provider, assure360. According to NetDirector, 16 LOGS firms have connected with the rest of their firms to go live with the new NRMS integration in the near future. Assure 360 was instrumental in imple- menting NetDirector's DMRS integration for the LOGS network, as LOGS' technology provider. LOGS is one of the largest networks of at- torney firms offering total default management, from HED insurance services to loss mitigation to litigation and REO management. Assure 360 is a full-service technology software and outsourcing solutions provider for the default servicing industry with offerings that include cloud-based case management system ProMat- ters, dedicated IT outsourcing resources such as best-in-class Tier 3 data centers, IT support and service, and information and security consulting. "We chose NetDirector because of their proven track record," said Meg Palmer, AVP of Client Services for assure360. "eir team is very knowledgeable and works with our cli- ents' specific needs and requirements. We ex- pect a significant reduction in our development effort and the firms' operational resources by automating the DMRS reports through Net- Director's cloud-based data exchange." With NetDirector's integration, reports are automatically converted their XML files to Pipe Delimited format (as required) before be- ing uploaded to the DMRS system, saving the firm valuable time. Previously, this conversion took a substantial amount of time for a large number of reports. In addition, firms can now automate the file transmission using informa- tion stored in the firm's case management system due to NetDirector's creation of all the look up values within the transaction. "It is always rewarding to provide new automated solutions that make our customers more efficient," said Harry Beisswenger, CEO of NetDirector. "e assure360 team realized that automating DMRS reporting would save the LOGS' firms a significant amount of effort and resources due to the large number of reports they deal with on a daily basis. We re- ally appreciate all of the testing and validation efforts of the assure360 team in rolling out this new service." 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. Georgia RANK: 35 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate APRIL 2015 2.39% 0.85% 6.3 YEAR AGO 3.00% 1.09% 7.3 YEAR-OVER-YEAR CHANGE -20.5% -21.5% -1 Top County UPSON COUNTY 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 5.09% 2.68% YEAR AGO 4.45% 1.74% YEAR-OVER-YEAR CHANGE 14.4% 54.4% Top Core-Based Statistical Area THOMASTON, GA 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 5.09% 2.68% YEAR AGO 4.45% 1.74% YEAR-OVER-YEAR CHANGE 14.4% 54.4% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the March 2015 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary March 2015 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Kentucky RANK: 24 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate APRIL 2015 1.78% 1.48% 5 YEAR AGO 2.29% 1.68% 7 YEAR-OVER-YEAR CHANGE -22.0% -11.6% -2 Top County PERRY COUNTY 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 4.04% 6.51% YEAR AGO 5.42% 6.09% YEAR-OVER-YEAR CHANGE -25.5% 7.0% Top Core-Based Statistical Area LONDON, KY 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 2.54% 2.92% YEAR AGO 3.00% 3.40% YEAR-OVER-YEAR CHANGE -15.4% -14.1% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the March 2015 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary March 2015 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics.

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