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MReport September 2015 - Cool Under Pressure

TheMReport — News and strategies for the evolving mortgage marketplace.

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mnotes Taking the Pulse of the Industry Our September Issue Examines the Key Trends in Origination, Servicing, Appraisal, Field Services, and More T he term "mortgage industry" can often seem too vast to fully capture all the different players and companies currently doing business. While interests often intersect, there are times when the news affecting one segment of the industry fails to register with another. Taking this into account, we have dedicated our September issue to narrowing in on the latest news, trends, and technology affecting different segments of the industry. In "Cool Under Pressure" MReport shares an exclusive interview the honorable Sheila Bair, former chairperson of the Federal Deposit Insurance Corporation (FDIC). Whether in the public or private sector, Bair rises to every challenge put before her with unflappable grace, making the title especially apropos. In our sit down with her, Bair discusses how she helped the FDIC navigate one of the most tumultuous periods of American finance. Though she is no longer oversees the financial sector, Bair still has words of advice for today's mortgage originators and how to prevent another crisis from forming. "The Mortgage Makers" by seasoned financial writer Phil Britt examines the shifting trends affecting the mortgage origination market and highlights some of today's top originators. Whether they are based in the North, South, East, or West we give you the down low on their stats and keys to success. While some companies are household names—such as Wells Fargo and Bank of America—others have found success in more niche markets. Covering the appraisal side of the industry, "On the Path to Extinction" by Kerri Panchuk examines the problems created by an aging appraisal industry—where new practitioners aren't adequately replacing retiring professionals. One possible solution Panchuk explores is membership groups such as Five Star's recently launched National Appraisal Institute. Lastly, Safeguard Properties' Scott Anderson explores the next big paradigm shift in field services, the rise of cloud computing. "Cloud computing strategies provide the essential tools for IT organizations to gain scalability and agility within their organizations while meeting the cost-control mandate," explains Anderson. With a September issue chock-full of industry important news and updates, get ready to tuck-in and read-up, no matter what division of the industry you represent. All the best, Rachel Williams Editor 4 | Th e M Rep o RT editor Rachel Williams online editor Xhevrije West online contributor Scott Morgan copy editors Krista Franks Brock Alison Rich Aly Yale contributors Scott Anderson phil Britt Kerri panchuk creative director Jason Stone art director Denis Kashoid Jonathon Won design director Sean Walker advertising Suzanne Andresen (207.443.3314) Robyn Clayton (214.525.6716) Kevin McCrea (214.525.6756) Jason Myers (214.525.6760) Lindsay Wolf (214.525.6713) corporate officers chairman & chief creative officer Mark hulme president & chief executive officer ed Delgado chief financial officer John harrison director of hr/accounting ernest Gillespie art direction Denis Kashoid Jason Stone Sean Walker Jonathon Won No part of this publication may be reproduced without written permission from the publisher. ©2015 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. © 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.

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