DS News - U.S. Bank

4 This Month FROM OUR DESK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 DS JOURNAL Low Credit Scores Add Up; Finding the Right Balance in Servicing Technology; Industry Groups Petition FCC for Autodialer Clarification; e Long-Term Impact of Redlining on Home Prices; Location, Location, Location: Best Cities for Real Estate Agents; e Evolution of Housing Wealth; Nationally, Housing Inventories Dwindle; Why Aren't More People Selling eir Homes?; Where Home Prices Are Headed ASK THE ECONOMIST . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 MOVERS AND SHAKERS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 FIVE MINUTES WITH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 COUNSEL'S CORNER . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 STATE OF AFFAIRS Impactful local market information at your fingertips . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72 COVER STORY PROTECTING BORROWERS THROUGH TECH New tools are easing the loan handoff from origination to servicing, and helping servicers better predict borrowers who are at risk of default. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 By Phil Britt INDUSTRY INSIGHT A DECADE UNLIKE ANY OTHER A retrospective on the lessons learned over the last 10 years and a look at what lies ahead. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 By Craig Crabtree INSURING AGAINST COLLAPSE After the subprime meltdown, the industry took a close look at lender-placed insurance guidelines. Now, a new working group is close to unveiling substantial changes to LPI best practices. . . . . . . . . . . . . 64 By Demetrius Gray SAYING HELLO TO SUMMER A checklist for REO managers to efficiently make properties sale-ready in advance of a busy summer season. . . . . . . 68 By Andrew Oliverson 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. PHIL 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 room and continued to cover mortgages, other financial services subjects, and technology for a variety of websites and publications. CRAIG CRABTREE brings more than 20 years' industry experience to his role, lever- aging expertise in origination, servicing, loss mitigation, and capital markets as he leads Equifax's mortgage business across all solution and product categories. DEMETRIUS GRAY is the CEO and Founder of WeatherCheck, the only company making premise-specific damage assessments and sending pre- and post-event weather alerts to trigger specific actions. Gray, a third-generation entrepreneur, started WeatherCheck after experience in the finance, roofing, and reconstruction industries helped him realize that key processes were ripe for authentic disruption. He recognized an opportunity to automate damage detection and speed claims processing and repairs after weather damage. ANDREW OLIVERSON is currently the SVP, REO Sales at Green River Capital, a Radian company. He joined Green River Capital in 2005 after working several years in collections, loss mitigation, commercial asset management, and mortgage origination. He received a bachelor's degree in economics at the University of Utah and currently holds an active Utah broker's license. 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 L Y 2 0 1 8 C o n t e n t s D S N E W S . C O M 56 26 12 18 PROTECTING BORROWERS THROUGH TECH

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