A recent poll from Rasmussen Reports titled "Voters Say No to Government Role in Neighborhood Diversity" found that the majority of American voters’ believe that the government should not get involved in tying different income levels together in an effort to diversify neighborhood across the U.S.
Read More »Former FDIC Chair to Deliver Keynote Address at Women in Housing Leadership Forum
Former Federal Deposit Insurance Corp. chair Sheila Bair has announced as the keynote speaker for the Third Annual Women in Housing Leadership Forum at the 12th Annual Five Star Conference and Expo on September 18 in Dallas, according to an announcement from the Five Star Institute.
Read More »National Mortgage Servicing Association Names Wells Fargo Leader as Chairperson
J.K. Huey, SVP of asset management and preservation with Wells Fargo Home Mortgage, has been appointed the chairperson of the Five Star Institute National Mortgage Servicing Association (NMSA), according to an announcement from Five Star.
Read More »CFPB Releases Nearly 8,000 Consumer Complaint Narratives about Financial Companies
For the first time, over 7,700 consumer complaints about problems they are facing with financial companies concerning mortgages, bank accounts, credit cards, and debt collection, among others, were released today by the Consumer Financial Protection Bureau (CFPB) on their Consumer Complaint Database, according to a press release.
Read More »Congressmen Introduce Bill to Alleviate Veteran Homelessness
According to a recent press release, Rep. Steve Israel (D-New York) and Rep. Tim Murphy (R-Pennsylvania) have introduced bipartisan legislation to help improve efforts to end homelessness among our nation’s veterans. The Homeless Veterans Assistance Fund Act of 2015 or H.R. 2591, creates the Homeless Veterans Assistance Fund, according to the release. If this legislation is passed, taxpayers will have a chance to help keep nearly 50,000 veterans off the streets by making an optional contribution to the fund on their federal income tax return form.
Read More »Legal League Servicer Summit Brings Mortgage Industry and Default Servicing Law Firms Together
Now in its seventh year, the Servicer Summit is a biannual gathering of leaders from both the mortgage servicing and legal communities focused on spurring shared educational opportunities and honest conversation. The novel format encourages all attendees to contribute. Leaders of roundtables serve merely as conversation starters and travel the room with a microphone so that any attendee may respond to a prompt or ask a question.
Read More »Black Knight, Five Star Report on CFPB Consumer Complaints Receives Positive Reaction
Five Star President and CEO Ed Delgado, who initially proposed the idea for the report last year, stated that the purpose of the report was not to "dismiss or diminish" the validity of the inquiries by consumers, but rather to "position and better understand the data."
Read More »Acting FHA Chief Joins Five Star Government Forum Lineup
The Five Star Institute announced the addition Friday of Biniam T. Gebre, Acting Commissioner of the Federal Housing Administration (FHA), as a featured speaker at the Sixth Annual Five Star Government Forum on March 18 at the Newseum in Washington, D.C.
Read More »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.
Read More »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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