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, 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.
Editor's note: The Five Star Institute is the parent company of MReport, and TheMReport.com.
Will Upcoming Foreclosure Report Show Further Decline?
National foreclosure completions in June were up 5 percent from May, but compared to a year ago, the number of foreclosures is definitively down, according to the June 2016 National Foreclosure Report from CoreLogic.
June’s 38,000 foreclosures is a bump from May’s 36,000, but is 26 percent down from a year ago, and still 67.5 percent down from the foreclosure peak of 117,835 in September 2010. As of June, CoreLogic reported, the national foreclosure inventory included approximately 375,000, or 1 percent, of all homes with a mortgage, compared with 507,000 homes (1.3 percent) last year. Overall, June’s foreclosure inventory was down 3.6 percent compared with May and is the lowest for any month since August 2007.
"The impact of the inexorable reduction over the past several years in both foreclosure trends and serious delinquencies is driving the long-awaited return to more historic norms for the U.S. housing market," said Anand Nallathambi, president and CEO of CoreLogic. "We expect the combination of continued home price appreciation of more than 5 percent and rising employment levels in the year ahead will help cement the gains we have had and perhaps accelerate them."
The latest CoreLogic National Foreclosure Report for July 2016 is set to come out Tuesday, September 13th.
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
CoreLogic July 2016 National Foreclosure Report
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