For the third time in a row, the Federal Reserve’s Federal Open Market Committee (FOMC) raised the nominal interest rate by 75-basis points at the conclusion of their ...
Read More »Diversity & Inclusion Symposium Showcases DEI Experts
As part of this year's Five Star Conference & Expo, the American Mortgage Diversity Council helped host the latest iteration of the group's recurring Diversity & Inclusion Symposium. ...
Read More »Industry Experts Provide Insight on SFR Markets, Inflationary Pressures
As the second day of the 2022 Five Star Conference continued, experts from the SFR space gathered for this year's installment of the Single-Family Rental Roundtable. Opening with ...
Read More »Sales Slip, Prices Soften From July
A recent study from RE/MAX revealed that new listings dropped nearly 13% from July, and inventory declined almost 2%, after four months of consecutive, double-digit growth. Click here for the latest details.
Read More »Five Star Honors Carrington’s Wes Iseley With Lifetime Achievement Award
Auction.com also presented a donation to military veterans' charity Operation Homefront, and the evening capped off with a performance by musical act Sugar Ray.
Read More »Property Management, Servicing & Compliance Labs Explore Industry Challenges
With representatives from numerous banks and servicers, as well as government agencies such as FHFA, the GSEs, and the CFPB, the Five Star Educational Labs delved into headwinds and insights from dozens of subject-matter experts.
Read More »Five Star Conference Launches With Focus on REO Market
The annual Five Star Conference gathers mortgage servicing industry executives with government representatives, attorneys, service providers, and others. Sunday’s lineup included programming aimed at the agent membership of Five Star’s Federation of REO Certified Experts (FORCE).
Read More »Chairwoman Waters Announces Legislation to End Modern-Day Redlining
"This bill will hold banks accountable to the local communities where they have branches or do most of their lending,” said Chairwoman Maxine Waters. She added that the legislation would strive to encourage banks’ investment in the communities they serve and to help close the widening racial-wealth gap.
Read More »Share of All-Cash Purchases Remains Elevated, Loans Inch Upward
According to a new report from Redfin, nearly one-third —or 31.4%— of U.S. home purchases were paid for with all cash in July. That’s near the eight-year high reached in ...
Read More »The Week Ahead: Senate to Examine the State of Rural Housing
The Senate Banking Committee will host a hearing taking a closer look at the USDA’s loan guarantees to purchase homes in rural areas, through a discussion with stakeholders in the USDA’s housing services.
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