TheMReport

MNOTES T he August issue of MReport is all about preparing for the future—and the strategies and paths that can help mortgage professionals do it. You'll find guidance on up-and-coming regulations, learn about potential new streams of revenue, and even discover what major players are doing to achieve their goals. It's an issue is packed full of powerful insights that can help future-proof your business in our ever-changing industry. In our cover story, "Buying into Renting," Aly J. Yale dives deep into the single-family rental market—as well as its recent boom. Though on its surface, it might seem only investors benefit from this upwardly mo- bile sector, in taking with market experts, Yale finds that there's plenty of potential for newcomers. In fact, even lenders and servicers could have an opportunity to capitalize on SFR. Next up is "Duty Calls," a behind-the-scenes look at how Freddie Mac is fulfilling its "Duty to Serve" and what steps the GSE will take this year to better aid the American homebuyer. Written by Freddie VP Danny Gardner, it's an info-packed piece no industry participant should miss. We also have a great article by Piper Bever and John Haring of Ellie Mae. In "Ahead of the Curve," Haring and Bever shed light on the Uniform Closing Dataset—as well as how lenders can prepare for its upcoming implementation this September. In "Information Overload," LBA Ware's Lori Brewer looks at the pos- sibilities for automated compensation of loan officers. In an increasingly competitive market that requires complicated compensation schemes and regular bonuses, keeping up with LO payments—and ensuring they're error-free—can be near impossible for many lenders. According to Brewer, automated compensation solutions are just one way to keep both employers and LOs happy. And finally, we've got this month's guide: a comprehensive who's who of outsourcing companies—firms that can streamline your workflows, boost your productivity, and help you achieve higher cost efficiency in the long run. Check it out for the best outsourcing firms near you. It's an issue that's rich in insights and information, and I hope you learn as much from it as I did All my best, Rachel Williams 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. 2 | TH E M R EP O RT EDITOR-IN-CHIEF Rachel Williams ASSOCIATE EDITOR Nicole Casperson ONLINE EDITOR Brianna Gilpin ONLINE CONTRIBUTOR Joey Pizzolato Scott Morgan COPY EDITORS Krista Franks Brock Aly J. Yale CONTRIBUTORS Piper Bever Lori Brewer Danny Gardner John Haring Aly J. Yale CREATIVE DIRECTOR Jason Stone ART DIRECTOR Jonathon Won DESIGN DIRECTOR Sean Walker ADVERTISING Suzanne Andresen (207.443.3314) Kevin McCrea (214.525.6756) Jason Myers (214.525.6760) Robert Rakowski (214.525.6783) 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 Jason Stone Sean Walker Jonathon Won PROFESSIONAL ASSOCIATIONS American Mortgage Diversity Council: John Golden (214.525.6700) Legal League 100, National Mortgage Servicing Association, Property Preservation Executive Forum: Derek Templeton (214.525.6757) FORCE: Annie Collier (214.525.6740) 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. 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. Strategic Advantage

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