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The Week Ahead: Industry Professionals to Convene at Five Star Conference

Real estate and mortgage servicing professionals from all over the country will gather under one roof for the preeminent business growth and educational opportunity this week at the 13th Annual Five Star Conference and Expo [1], which starts Sunday, September 11, and continues through Tuesday, September 13, at the Hilton Anatole Hotel in Dallas, Texas.

This year's conference will include a keynote address from Laura Bush, First Lady of the United States (2001-2009), a performance from country music star Trace Adkins, six Five Star Labs presented by experts in the real estate and mortgage industries, and endless networking opportunities.

The Five Star Conference and Expo is the mortgage industry's largest event of the year. In addition to the industry-leading education, Five Star's groups such as the Legal League 100, American Mortgage Diversity Council, National Mortgage Servicing Association, and FORCE will also convene. This year’s conference will include a policy and industry update from the Consumer Financial Protection Bureau on the Bureau’s new servicing rules updates.

Subjects covered in the labs will be Single-Family Rentals, Foreclosures, Investment Strategies, Compliance, Property Management, REO, and Servicing, and will be directed by the nation's top executives in their respective fields.

At the conference on Monday night, Five Star will celebrate and honor the U.S. military with the Military Heroes Keys for Life event, which will include a concert from Trace Adkins and the donation of mortgage-free homes to five wounded veterans and their families. The conference will conclude on Tuesday with the Fourth Annual Women in Housing Leadership Forum, during which attendees will have the opportunity to hear from female trailblazers in the real estate and mortgage industries and the important lessons they have learned during their careers. This event will feature a keynote address from Laura Bush.

To register or to find more information on the 2016 Five Star Conference and Expo, click here [1].

Editor's note: The Five Star Institute is the parent company of MReport, and TheMReport.com.

Discussion and vote on the Financial CHOICE Act—Tuesday, September 13

The House Financial Services Committee will meet to discuss possible amendments to the  Financial CHOICE Act [2] (Creating Hope and Opportunity for Investors, Consumers, and Entrepreneurs) Act, which Committee Chairman Jeb Hensarling (R-Texas) introduced three months ago as the Republicans’ alternative to the Dodd-Frank Act. The Committee will also likely vote on whether or not to send the bill to the House of Representatives for a vote.

The Financial CHOICE Act has sparked more fierce debate between the parties in the Committee. Republicans believe that the legislation will provide much-needed regulatory relief for financial institutions that choose to remain well-capitalized and tout the bill as “growth for all, bailouts for none.” The proposal also includes sweeping reform to the Consumer Financial Protection Bureau, which was created out of Dodd Frank. Democrats on the Committee believe that the Financial CHOICE Act would allow banks to engage in risky practices that led to the crisis and would perpetuate tax bailouts instead of ending them.

This week’s schedule

Sunday, September 11 through Tuesday, September 13
13th Annual Five Star Conference and Expo, Hilton Anatole, Dallas, Texas

Tuesday, September 13
Discussion of possible amendments and vote on the Financial CHOICE Act, House Financial Services Committee

Friday, September 16
Consumer Sentiment Survey for September 2016, University of Michigan, 10 a.m. EST