DS News

4 22 28 This Month FROM OUR DESK . . . . . . . . . . . . . . . . . . . . . . . 2 DS JOURNAL e Fight Against Neighborhood Blight; Cities May Sue Banks Over Foreclosures, Industry Reacts; FHFA Director Urges Congressional Action on GSEs; Fannie Portfolio Sees Monthly Jump; Foreclosure Activity Down Across the Board; Housing Recovery Has Been Slightly Erratic ASK THE ECONOMIST. . . . . . . . . . . . . . . . . . . 22 FIVE MINUTES WITH. . . . . . . . . . . . . . . . . . . . 28 COUNSEL'S CORNER. . . . . . . . . . . . . . . . . . . . 36 STATE OF AFFAIRS . . . . . . . . . . . . . . . . . . . . . 78 COVER STORY THE END OF AN ERA Seven years might not seem all that long a tenure in the corporate world, but in the land of political appointees, Ted Tozer's near-decade at the helm of Ginnie Mae was a true anomaly. . . . . . . . . . . . . . . . . . . . 58 By Aly J. Yale INDUSTRY INSIGHT LIMITLESS POSSIBILITIES Technology has made the mortgage industry faster, more affordable, more compliant, and more convenient—and it's not done yet. e industry's top players weigh in on the power of technology, how to harness it, and where it's headed.. . . 64 By Various INDUSTRY INSIGHT BEFORE AND AFTER THE STORM Finding safe refuge during a dangerous hailstorm or hurricane can pose its own set of challenges, but the greater difficulty often presents itself once the storm subsides. How do you handle the aftermath and resulting property damages? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70 By Brad Bordelon INDUSTRY INSIGHT COME TOGETHER Bundling loss mitigation and conveyance- related services may help save servicers money and increase their efficiencies. . . 74 By Denis Brosnan Contributors BRAD BORDELON is the VP of Hazard Claims at ZVN Properties. During the last decade, Brad has proven himself as a forward-thinking leader in hazard insurance claims, property catastrophe adjusting, and construction project management. Insurance and field service companies within the mortgage servicing space have relied on Brad's unique skill set to implement and execute procedures and processes directly relating to the reduction of overhead cost and the increase in recoverable claim funds for damaged properties. Additionally, Brad's senior management experience has played a key role at the ground level of many of the major catastrophic losses within the U.S. DENIS BROSNAN is the President and CEO of Dallas-based DIMONT, the largest provider of specialty insurance and loan administration services to the residential and commercial mortgage industries in the United States. Brosnan is an experienced leader with more than 20 years of experience in strategic development and business growth with a focus on technology and technology-enabled service firms for the financial industry. Prior to joining DIMONT, Brosnan served as the CEO of Prommis Solutions, a national provider of technology-enabled knowledge processing services to the real estate finance industry, where he executed a comprehensive IPO strategy and led the company to experience a 35 percent growth in revenue. MOLLY BOESEL is a Principal Economist for CoreLogic in the Office of Chief Economist and is responsible for analyzing and forecasting housing and mortgage market trends. ALY J. YALE is a longtime writer and editor, having worked for various news outlets, magazines, and publications at both the national and regional level. Her resume boasts positions with e Dallas Morning News, NBC, PBS, Addison magazine, Mansfield magazine, and Forefront magazine. She has also worked with both the Five Star Institute and REO Red Book, as well as various other mortgage industry clients on content strategy, blogging, marketing, and more. 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. J U N E 2 0 1 7 C o n t e n t s D S N E W S . C O M 64 70 THE END OF AN ERA 58

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