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2 Ensuring Smooth Sailing No Matter How Turbulent the Conditions If we could distill all the lessons learned from the Housing Crisis into only one takeaway, a strong contender would be learn how to adapt to change. When all the best- laid plans go awry, the companies left standing are those that planned ahead, were mobile, and were swift at altering their plans when need be. In this month's cover story, "Navigating Mortgage Servicing's Shifting Tides," writer Ryan Schuette relates how housing experts are preparing for a year expected to be impacted by the unknown. ough the Republican administration led control of the executive and legislative branches of the federal government in 2017, this probably will change in 2018, thereby possibly impacting the regulations servicers must follow. Additionally, in the servicing industry rising operating costs, new technologies, and shifting market conditions will also play roles in how companies fare in 2018. A great tie-in to this overall theme is how the new tax regulations will impact housing. Cleve Bellar, CMO of ValueInsured, explores this topic in his feature, "e Sky is Falling Over Housing but is it Really?" Analysts forewarne that the Tax Cuts and Jobs Act will cool the housing market, Bellar delivers a more comprehensive stance on the factors currently impacting housing. In tune with the housing industry's eternal quest for expanding the number of homeowners, Tom Parrent's "Scoring the Unscorable" examines how the right credit score model is integral to that goal. He advocates making sure mortgages are protected against default by ensuring Americans aren't burdened with credit that they can't handle. Another way to weather change is by exploring new market niches. Susan Graham, President and COO of Financial Industry Computer Systems, Inc., outlines areas of opportunity for servicers yearning to expand the scope of their businesses. With our bevy of expert opinions lined up this month, we hope you walk away from this issue a feeling of calm rather than trepidation as you face 2018. All my best, Rachel Williams Editor-in-chief FROM OUR DESK default servicing | in print and online VOL. 16 NO. 02 No part of this publication may be reproduced without written permission from the publisher. ©2017 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. DS News 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 detriments that may result from the use of these materials. PUBLISHER EDITOR-IN-CHIEF DESIGN ASSOCIATE EDITOR DSNEWS.COM VIDEO EDITOR ONLINE CONTRIBUTORS ONLINE EDITOR COPY EDITORS ADVERTISING DS NEWS 2017-2018 EDITORIAL ADVISORY BOARD Mark Hulme Rachel Williams Jonathon Won Nicole Casperson Jordan Funderburk Scott Morgan Radhika Ojha David Wharton Dru Murray Suzanne Andresen: 207.443.3314 Kevin McCrea: 214.525.6756 Jason Myers: 214.525.6760 Robert Rakowski: 214.525.6783 Meg Burns, Financial Services Roundtable Kathy Cummings, Bank of America Jordan Dorchuck, BSI Financial Services Malloy Evans, Fannie Mae Yvette Gilmore, Freddie Mac Ramie Word, Nationstar Mortgage Follow DSNewsDaily on CHAIRMAN AND CHIEF CREATIVE OFFICER PRESIDENT AND CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER DIRECTOR OF ACCOUNTING PROFESSIONAL ASSOCIATIONS American Mortgage Diversity Council Legal League 100, National Mortgage Servicing Association, Property Preservation Executive Forum FORCE DESIGN Mark Hulme Ed Delgado John Harrison Ernest Gillespie John Rieger: 214.525.6769 Derek Templeton: 214.525.6757 Annie Collier: 214.525.6740 Sean Walker Jason Stone Jonathon Won

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