TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/1496139
MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 2 April 2023 F R O M T H E E D I T O R A NEW CHAPTER elcome back! And also, hello for the very first time. Five Star is thrilled to be launching the next chapter of our nearly two-decade commitment to covering the mortgage and housing industries by bringing you this, the first issue of MortgagePoint magazine. We're so excited to share what we have for you in the months to come. MortgagePoint was born from countless discussions with our readers, our clients, and our other industry partners over the past couple of years. From those conversations, a few things became apparent. One, while we're enormously proud of the work the Five Star reporting team has done with DS News and MReport over the years, the division between the two has become increasingly artificial. While our readership encompasses professionals working in all aspects of the industry, from originations to default as well as supporting areas such as real estate agents, financial services attorneys, service providers, fintechs, and more, our reader feedback has made it clear that most of our readership doesn't tune in only for DS News or only for MReport—they read both. This makes a lot of sense, given that the American system of housing and mortgage is a complex ecosystem, and no portion of that ecosystem exists in a vacuum. The economic factors impacting originations and refi volume may lead to adjusted foreclosure volumes down the road, and the shifts in default numbers can serve as harbingers of where the larger industry is headed in the months to come. For this, our debut issue, we're proud to bring you "Closing the Homeownership Gap," an exclusive cover profile of Julia R. Gordon, Assistant Secretary for Housing and Federal Housing Commissioner of HUD. She's also serving as our keynote speaker at Five Star's Government Forum, happening April 11 at the National Press Club in Washington, D.C. For this interview, Commissioner Gordon discusses recent changes such as FHA's mortgage insurance premium reductions, an ongoing commitment to improving IT infrastructure, and how the arc of her career brought her to her current role. We're also debuting "The Point," a recurring long-form interview feature spotlighting insights from mortgage industry executives and government officials. For our inaugural installment, we're bringing you MortgagePoint's conversation with Malloy Evans, EVP and Head of Single-Family for Fannie Mae. He discusses how lessons learned from the 2008 housing crisis are being applied today toward the GSE's goal of keeping more Americans in their homes. But that's just the beginning. This month's feature lineup includes exclusive features from Sarah Davies, Chief Data and Analytics Officer, Nova Credit; T. Robert Finlay, Partner, Wright, Finlay & Zak; Scott Kriss, President & CEO of Kriss Law; and Jane Mason, Founder of Clarifire. For the first time of many to come, allow me to say—welcome to this month's edition of MortgagePoint magazine. David Wharton Editor-in-Chief © 2011 First American Financial Corporation and/or its affiliates. All rights reserved. YOUR business is OUR business! First American Mortgage Services is laser focused on mitigating YOUR cost, risk and exposure by aligning our advanced solutions with YOUR strategic objectives and compliance needs. We are the New First American, over 120 years young, strong and financially secure. Insight | Innovation | Integrity First American Title Insurance Company and First American Mortgage Services make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. FIRST AMERICAN and FIRST AMERICAN TITLE are trademarks owned by First American Financial Corporation. 2 | Th e M Rep o RT Publisher Jon Ball contributing editor Abby Gregory online editor theMrePort.coM Ryan Schuette coPy editors Alison Rich emily White Youree heather hill contributors phil Britt Bob Calandra eric Fox Jack Konyk Mark Lieberman creative director Jason Stone art director Jonathan Won associate art directors Bruce Sons Chanyanont Loha-Unchit design director Sean Walker advertising Dina Duncan (214.525.6740) Jason Myers (214.525.6760) Andi Zimmerman (214.525.6724) technology Toby Tull Brandon Shangraw social Media Leon McKenzie Ani Vera circulation/corresPondence Celina Avila corPorate officers chairMan & chief creative officer chief executive officer Mark hulme edward R. Delgado business develoPMent Andi Zimmerman chief financial officer John harrison director of huMan resources ernest Gillespie director of oPerations Toby Tull account executives senior account executive Donna Lott (214.525.6792) sPonsorshiPs Jason Myers (214.525.6760) account executives Renee Charles (214.525.6742) Thomas Griffin (214.525.6754) Kristin Larson (214.525.6713) Ryan McLemore (214.525.6706) Marketing Travis Bogdon Matt hulme Production Kyle Curtis Miguel Martinez Christian McCrossan concierge Celina Avila art direction Jason Stone Sean Walker Jonathan Won No part of this publication may be reproduced without written permission from the publisher. ©2011 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. MReport strongly encourages the use of qualified attorneys or other qualified experts with regard to the subject matter covered. MReport does not guarantee the accuracy of the information and is not liable for any damages, losses, or other detriment that may result from the use of these materials. FORDEFAULTSERVICINGPROFESSIONALS THEFIVESTARINSTITUTE Follow us. Magazine EDITOR-IN-CHIEF David Wharton ART DIRECTOR Jason Stone MANAGING DIGITAL EDITOR Eric C. Peck REPORTERS Kyle G. Horst Demetria Lester MAGAZINE CONTRIBUTORS Sarah Davies T. Robert Finlay Scott Kriss Jane Mason COPY EDITOR Brandy Scott ADVERTISING 214.525.6700 EDITORIAL ADVISORY BOARD Benjamin Gottheim, Director, Mortgage Servicing Policy, Freddie Mac Erik Schmitt, Managing Director, Origination Division, Chase Home Lending Douglas Whittemore, Head of Default Servicing, US Bank Jacob Williamson, VP Single-Family Collateral Risk Management, Fannie Mae Kim Yowell, EVP of Servicing, Fairway Independent Mortgage Servicing Corporate Officers PRESIDENT & CFO Jonathan Hughes ART DIRECTION Jordan Funderburk, Jason Stone No part of this publication may be reproduced without written permission from the publisher. © 2023 Five Star Global, 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. MortgagePoint strongly encourages the use of qualified attorneys or other qualified experts with regard to the subject matter covered. MortgagePoint does not guarantee the accuracy of the information and is not liable for any damages, losses, or other detriment that may result from the use of these materials. W