DS News

July 2016 - Taming the Threat

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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2 –Benjamin Franklin It's a timeless truth. One that is at the very foundation of sound business practices: Investing in measures to avoid the traps that seek to ensnare your business encourages growth and prevents larger expenses down the line. is month, we take a look at the compliance and due diligence practices that can effect positive change. We sat down with Josh Podolsky, a partner at Phelps Dunbar, LLC to get his sense of the biggest compliance issues that mortgage servicers are facing and proactive steps that they can be taking to ensure that they are not garnering unnecessary attention from the CFPB. Also this month, Ralph Sells, President of Assurant Valuations, takes us through the thought process that NPL purchasers should be engaged in when searching for a non- performing loan valuation provider in the due diligence process. Believe it or not, all valuation providers are not created equal. Read on to learn the factors that you should be considering. Krista Franks Brock gives us a look at the changing structure of the REO disposition market in this post-crisis world. How do REO agents and brokers fit into the mix? Read on to find out. We want you to make your voice heard as well. 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, so drop us a line and let us know how we're doing. Send an email to editor@dsnews.com or follow us on Twitter @DSNewsDaily and join in on the conversation. Derek Templeton Editor, DS News "An ounce of prevention is worth a pound of cure." FROM OUR DESK default servicing | in print and online VOL. 14 NO. 7 No part of this publication may be reproduced without written permission from the publisher. ©2015 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 LEGAL LEAGUE 100 BUSINESS DEVELOPMENT NATIONAL APPRAISAL CONGRESS, TITLE AND CLOSING COALITION Mark Hulme Derek Templeton Jonathon Won Jordan Funderburk Krista Franks Brock, Brian Honea, Scott Morgan Alison Rich, Shalene Roberts Robyn Clayton: 214.525.6716 Kevin McCrea: 214.525.6756 Jason Myers: 214.525.6760 Suzanne Andresen: 207.443.3314 Rachel Williams: 214.525.6748 Derek Templeton: 214.525.6757 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

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