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Tag Archives: Five Star Institute

Investors, Experts React to Ocwen Settlement

A day after Ocwen Financial Corp. announced a multi-million dollar agreement to resolve investigations by New York's top regulator, investors and market watchers remain skeptical that the company's problems are settled.

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Five Star President Outlines Looming Mortgage Threat

Delivering comments to a group of REO brokers and agents, Ed Delgado, president and CEO of the Five Star Institute, offered his take on how the stage is set for the mortgage sector in 2015. "There are several embedded risks in the mortgage market that pose future risk of performance that have yet to be expressed," Delgado remarked. "In effect, the market may not be recovering at the rate that we think it is."

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Five Star Institute’s Delgado Delivers Remarks at NF Charity Golf Tournament

In a continuation of its philanthropic efforts, The Five Star Institute participated as a tournament sponsor for the Texas Neurofibromatosis (NF) Foundation's Texas NF Golf Classic, which took place Monday, November 3, at the picturesque Four Seasons Resort and Club in Irving. The Texas NF Golf Classic is an annual charity golf tournament to raise awareness and funding to fight neurofibromatosis (NF), a neurological disease that affects an average of one in every 3,000 people. It is more prevalent than Cystic Fibrosis and Muscular Dystrophy combined. NF occurs equally in both men and women, in all races and ethnic groups. NF particularly affects children and can cause disfigurement, deafness, blindness, brain tumors, cancer, and even death. There is currently no cure or long-term treatment available for this debilitating disease.

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CFPB Official Discusses New Servicing Rules

A recurring theme during many of the six labs at the Five Star Conference last week was compliance and how it has changed the mortgage industry in the last few years. Laurie Maggiano, program manager for servicing and secondary markets at the Consumer Financial Protection Bureau (CFPB), was on hand to discuss the world of mortgage servicing statutes for the "CFPB's National Servicing Standards—Update Session" section of the conference's Compliance Lab.

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