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Tag Archives: Ed Delgado

Industry Group Launches Diversity Effort

The mortgage industry has taken a big step toward diversification thanks to one its largest professional groups. On Wednesday, the Federation of REO Certified Experts—or FORCE, for short—announced the launch of its Diversity Council, a team dedicated to embracing and encouraging diversity in the REO, default servicing, and mortgage industries at large. The council will consist of six unique committees: Latino Professionals in FORCE, Asian Professionals in FORCE, Black Professionals in FORCE, Women Professionals in FORCE, LGBT Professionals in FORCE, and Veteran Professionals in FORCE.

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Taking Down Veteran Homelessness

Around 40,000 American veterans are homeless, and the country is starting to take notice. Lawmakers are crafting bills to spur change from the ground up, while organizations across the nation are hosting events to do their part. The Five Star Institute’s Military Heroes Keys for Life event is one such event.

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House Republicans Release Tax Plan

Maryland Governor Larry Hogan signed a fast-track foreclosure law that will expedite the foreclosure process with the intent to reduce community blight, following the footsteps of a similar bill in Ohio. This bill could be the push other states need to move forward with their own fast track foreclosure bills. We hear from industry experts on the impact this bill may have.

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Black Knight and Five Star Release Study on CFPB Consumer Complaints

CFPB

In a report to be released Friday titled "Analysis and Study of CFPB Consumer Complaint Data Related to Mortgage Servicing Activities,” Black Knight Financial Services (BKFS) and the Five Star Institute (FSI) seek to provide context and insight to complaints received by the CFPB by comparing the CFPB's two predominant mortgage complaint categories, servicing and default, with loan trends. The report includes publicly available data from both the CFPB and mortgage servicers, as reported from the CFPB database

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Auction.com and Five Star Institute Pledge Support to Operation Homefront and Veteran Home Donation Program

The home donation program will be featured at the 2015 Five Star Conference and Expo, which will take place September 16 to 18 in Dallas, Texas. Five Star has partnered with various non-profit organizations over the last four years to provide approximately $4 million worth of homes to service members. At last year's conference, Five Star presented six wounded veterans with mortgage-free homes.

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