DS News

DS News August 2017

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

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4 24 62 36 66 This Month FROM OUR DESK . . . . . . . . . . . . . . . . . . . . . . . 2 DS JOURNAL Defaults at a 5-Month Low; Federal Banks List Top Concerns; Senators Demand LGBTQ Protections from HUD; Credit Union Group Requests CFPB Exemption; Senators Call for Big Changes to GSEs; Mississippi Claims Top SFR Market; New Bill Would Alter HMDA Reporting resholds ASK THE ECONOMIST. . . . . . . . . . . . . . . . . . . 24 COUNSEL'S CORNER. . . . . . . . . . . . . . . . . . . . 36 STATE OF AFFAIRS . . . . . . . . . . . . . . . . . . . . . 76 COVER STORY RESEARCHING TO SEE VALUE Investment opportunities are looming, but in today's market conditions, it takes studying and good old-fashioned legwork to uncover the best opportunities available. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 By Phil Britt INDUSTRY INSIGHT AND THE VERDICT IS ... After spending time in prison for bank fraud, a former lawyer is using her story to help others traverse the ethical pitfalls of business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 By Brianna Gilpin INDUSTRY INSIGHT BUCKING STEREOTYPES In an industry where lawyers are often seen as cold and heartless, one Chicago- area firm is taking a more humane approach. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 By omas Gasparoli INDUSTRY INSIGHT THE EYE OF THE STORM e heavy burdens of foreclosure can be felt by all in the housing market, from the buyers and mortgage lenders to the cities where homes are built. It will take all of these parties and more to address the issue and weather the storm. . . . . . . . . . . . . . . . . . . . . . 72 By Brian Lee Contributors PHILL BRITT started covering mortgages and other financial services matters for a suburban Chicago newspaper in the mid-1980s before joining Savings Institutions magazine in 1992. When the publication moved its offices to Washington, D.C., in 1993, he started his own editorial services firm and continued to cover mortgages, other financial services subjects, and technology for a variety of websites and publications. BRIANNA GILPIN, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation's leading diversified media and information services companies. To contact Gilpin, email brianna.gilpin@thefivestar. com. THOMAS GASPAROLI is a former national award-winning TV journalist who is now a writer, media relations practitioner, non- fiction book collaborator, and novelist. BRIAN 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. ARCHANA PRADHAN holds the title Senior Professional Economist for CoreLogic in the Office of the Chief Economist and is responsible for analyzing housing and mortgage markets trends. Prior to joining CoreLogic, she was a Senior Research Analyst at the National Community Reinvestment Coalition. Her responsibilities included home, mortgage, small business, and bank branches lending research and analysis. 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. A U G U S T 2 0 1 7 C o n t e n t s D S N E W S . C O M 58 RESEARCHING TO SEE VALUE 58

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