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Home | Magazine

Forging Ahead

The terms “fast track” and “foreclosures” don’t normally go together, but several industry and government leaders are boldly stepping up to help the heavy system see the light.

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Worthy of its Name

It seems entirely possible that before joining Alacrity Services, one might be asked to define “alacrity.” While actively expanding its property restoration services to insurance, REO, and consumer customers nationwide, the company is determined to continue embodying the true meaning of its moniker: moving nimbly and with good spirit.

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The Underappreciated Impact of Dodd-Frank: The Rise of Federal and State Regulatory Cooperation

DSN-story2

There are multiple levels of regulation in the financial services industry with federal, state, and even local officials supervising companies within the industry. These regulators often cooperate, but also sometimes act in conflict with one another in their pursuit of consumer protection and enforcement of laws. This select print feature originally appeared in the February 2015 issue of DS News magazine.

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Vandalism, Arson — Or Both?

Vandalism

With so many legal stipulations to bear in mind, deserted dwellings are anything but an open-and-shut case. As foreclosure resolution time frames swell, servicers and investors must maintain property preservation standards for longer periods of time. Properties at the highest risk of loss or damage are vacant properties. Vacancy presents a host of problems to servicers and investors in managing their foreclosure inventory. Paramount among those concerns is vandalism.

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Prudent or Petty: The Government’s Settlement Strategy

Prudent or petty

In light of their ineffectiveness in preventing another downturn in housing and their possible contribution to the slowness of the housing recovery, the question then becomes whether the imposition of penalties by the federal government, while "not insurmountable," is really in the best interest of the American consumer. Are they prudent or just petty?

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