DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/817713
4 24 30 This Month FROM OUR DESK . . . . . . . . . . . . . . . . . . . . . . . 2 DS JOURNAL GSEs Complete 50K Foreclosure Preventions, Most Extend Term; OCC Reorganizes, Preps for Future; Bankruptcy Filings Rise in February; Freddie Mac Predicts 25-Percent Drop in Sales; FHFA Delays Unified MBS Plans Until 2019; Americans Flock to Warmer 'Burbs; Negative Equity Decreasing, but Many Homeowners Still Underwater ASK THE ECONOMIST. . . . . . . . . . . . . . . . . . . 24 FIVE MINUTES WITH. . . . . . . . . . . . . . . . . . . . 30 COUNSELS CORNER . . . . . . . . . . . . . . . . . . . . 50 STATE OF AFFAIRS . . . . . . . . . . . . . . . . . . . . . 76 COVER STORY STARTUP SCHOOLING Nine experienced startup executives share the journey that led to them going it on their own as well as the unique approaches that led to their successes.. 60 By Brian A. Lee INDUSTRY INSIGHT COMMON SIDE EFFECTS INCLUDE… As front-end credit risk transfers become more common, it is important to consider the benefits and the impacts on consumers and professionals across the industry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 By Joe Melendez INDUSTRY INSIGHT THE TRILLION DOLLAR CONSOLIDATION OF SFR Single-family rentals can become a trillion-dollar industry; following in the footsteps of REO and multi-family. But how can it happen and what would it mean for the market? . . . . . . . . . . . . . . 70 By Greg Rand INDUSTRY INSIGHT INCONSISTENCY IN THE COURTS Applying the U.S. Supreme Court's Spokeo ruling one way to FDCPA claims and yet another way to RESPA claims, federal courts have loan servicers and litigants guessing as to what type of harm to borrowers is considered concrete. . . 74 By Lukas Sosnicki and Madeleine Lee Contributors MOLLY BOESEL is a Principal Economist for CoreLogic in the Office of the Chief Economist and is responsible for analyzing and forecasting housing and mortgage market trends. BRIAN A. LEE is an Atlanta-based freelance writer and former editor of Western Real Estate Business magazine. Although a big fan of mortgage and housing content, the Wake Forest and University of Georgia graduate considers his top moment in journalism a one-on- one interview with baseball legend Hank Aaron in 2009. MADELEINE LEE is a litigator in the Financial Services Group in Dykema's Los Angeles, California, office. Her practice focuses on the representation of financial institutions, servicers, and trustees in lender liability, loan servicing, lienholder, and title litigation. Her consumer finance practice includes advising clients on navigating the ever- evolving landscape of complex federal and state consumer lending laws. JOE MELENDEZ is the founder and CEO of ValueInsured, the only provider of down payment protection for modern homebuyers. GREG RAND is CEO of OwnAmerica, a marketplace for stabilized portfolios of SFR. LUKAS SOSNICKI is a litigator in the Financial Services Group in Dykema's Los Angeles, California, office. He has extensive experience defending banks and mortgage servicers in individual and class action lawsuits across the country. He is also an appellate lawyer, having successfully represented numerous bank and servicer clients on appeal. 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. M A Y 2 0 1 7 C o n t e n t s D S N E W S . C O M 60 66 70