The ""Five Star Institute (FSI)"":http://www.fivestarinstitute.com/, parent company for _MReport_, is saying goodbye to friend and CEO Ed Delgado.[IMAGE]
Joining ""Wingspan Portfolio Advisors"":http://www.wingspanportfolioadvisors.com/, Delgado will leave FSI to become the company's chief operating officer.
Delgado boasts more than two decades of experience in the mortgage banking industry and was responsible for founding the company's Lender Leadership League while with FSI.
Additionally, Delgado was active in creating and heading up FSI initiatives that featured discussions with global leaders including former President George W. Bush, New York Mayor Rudolph Giuliani, and U.S. Secretary of State Condoleezza Rice.
Prior to serving as FSI's CEO, Delgado served as SVP of government and industry relations for ""Wells Fargo"":https://www.wellsfargo.com/, where he played an integral role in the company's mortgage servicing and default groups. Other career highlights[COLUMN_BREAK]
for Delgado include time spent as an executive for GSE ""Freddie Mac"":http://www.freddiemac.com/, and he has also served as a member of the Housing Policy Council of the ""Financial Services Roundtable"":http://www.fsround.org/, chaired subcommittees for the ""HOPE NOW Alliance"":http://www.hopenow.com/, and been elected as the chairman of the ""Office of the Comptroller of the Currency"":http://www.occ.treas.gov/ Advisory Council.
Wingspan's CEO and president Steven Horne commented on Delgado's hiring, saying, ""We are extremely pleased to have Ed join the Wingspan team. From his years with Wells Fargo and Freddie Mac to his work with the Obama and Bush administrations, Ed offers a tremendous range of experience, and he will be an ideal asset to Wingspan as we continue our phenomenal growth.""
Mark Hulme, chairman and founder of FSI, added his well wishes, noting, ""Five Star is fortunate to have worked with Ed in promoting success across the mortgage industry, and we look forward to his continued leadership through the NSA.""
Delgado will maintain his affiliation with FSI after teaming up with Wingspan as COO, and he will continue to act as the company's chairman of the National Servicing Association (NSA). The NSA, a newly formed non-profit trade association from Five Star, currently represents more than 90 percent of mortgage banks around the U.S.
""I'm honored to join Wingspan, while having the opportunity to continue to work closely with industry leaders through the Five Star National Servicing Association,"" said Delgado. ""The need for progress and collaboration across the industry has never been greater and much work remains to be done.""