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4 60 M A R C H 2 0 1 7 C o n t e n t s D S N E W S . C O M This Month FROM OUR DESK . . . . . . . . . . . . . . . . . . . . . 2 DS JOURNAL HUD Finds its Own Faults; e Benefits Rising Interest Rates will Offer MSR Holders: Positive Job Report Indicates Growth and Rate Increases; Fed Holds Steady on Interest Rates; Senator Seeks Shakeup at CFPB; Distressed Sales Reach Near Decade Low; What Will President Trump's Supreme Court Pick Mean for Business? ASK THE ECONOMIST . . . . . . . . . . . . . . . .14 COUNSEL'S CORNER . . . . . . . . . . . . . . . .26 STATE OF AFFAIRS Impactful local market information at your fingertips . . . . . .76 COVER STORY WORTHY OF ITS NAME With a large contractor network, technological advancements and the backing of Lowe's—all managed with a customer-centric company culture— Alacrity Services is poised for growth with all the eagerness and ease its name implies... . . . . . . . . . . . . . . . . . . . . . . . . . . .60 By Jenn Q. Goddu INDUSTRY INSIGHT BREAKING DOWN STEREOTYPES Not all investors are in it for the quick profit or fast foreclosure. Some want to help, too. . . . . . . . . . . . . . . . . . . . . . . . . . .66 By Joe Pensabene INDUSTRY INSIGHT THE ROAD AHEAD With an uncertain regulatory environment, new data requirements, and promising technological opportunities all intersecting, mortgage originators face a winding road as they navigate through 2017. . . . . . . . . . . . .70 By Rich Gagliano INDUSTRY INSIGHT TECH + TEAMWORK e right tools and partners are the key to rehabilitating communities from the ground up. . . . . . . . . . . . . . . . . . . . . . . . .74 By Michael Harris Contributors RICH GAGLIANO is the Managing Director of Origination Solutions at Black Knight Financial Services. JENN Q. GODDU is a freelance writer and editor living in Charlotte. He r work has appeared in the Chicago Tribune, the Chicago Sun-Times, the Charlotte Observer, Midwest Real Estate Journal and more. As a Canadian, she particularly appreciated getting to talk hockey for this feature. MICHAEL HARRIS is President and CEO of Glencoe, Illinois- based Exceleras, developers of the DispoSolutions REO management platform. He can be reached at michael.harris@exceleras.com. FRANK E. NOTHAFT is the SVP and Chief Economist for CoreLogic. As Chief Economist, Nothaft leads the company's economics team, as well as its research and insights strategy. Nothaft earned his degree in mathematics and computer science from New York University and he holds a Ph.D. in economics from Columbia University. JOE PENSABENE is President and CEO of Selene Finance and also serves as the chairman of its board of directors. He oversees all strategy and operations and is focused on accelerating the growth of the premier residential special servicer. Pensabene has broad experience in the mortgage industry, having served key leadership roles at companies such as Bayview Loan Servicing and GMAC ResCap. Join the Conversation Do you have a suggestion, story idea, or some feedback you'd like to share with DS News readers? Help shape our next issue by emailing Editor@DSNews.com. 14 66 70 ASK THE ECONOMIST DR. LINDSEY PIEZGA WORTHY OF ITS NAME With a large contractor network, technological advancements and the backing of Lowe's—all managed with a customer-centric company culture—Alacrity Services is poised for growth with all the eagerness and ease its name implies.

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