Celebrating a decade of representing financial-services law firms and over 120 members, Legal League 100 met Wednesday for their Fall Summit. Five Star President and CEO attributed this success to one thing: professionalism.
Read More »Key HUD Vacancy Filled
Pamela Patenaude was officially confirmed as the Deputy Secretary of the U.S. Department of Housing and Urban Development by the U.S. Senate Thursday afternoon. This will be her second tenure at the agency.
Read More »Freddie Mac: Unaffordability Everywhere
Affordability is down for both homeowners and single-family rentals, according to data released by Freddie Mac. The GSE also announced measures to help make mortgages more affordable for borrowers with high loan-to-value ratios.
Read More »Immigration Reform’s Effect on Housing
President Donald Trump announcement on Tuesday that he will end the Deferred Action for Childhood Arrivals immigration policy, sparking a larger conversation about immigration reform, but what does that mean for the housing industry?
Read More »Wells Fargo Finds Another 1.4 Million Unauthorized Accounts
It was announced Thursday that Wells Fargo employees may have potentially opened another 1.4 million fake accounts putting the total number of fraudulent accounts at around 3.5 million. Wells Fargo CEO Timothy J. Sloan has addressed the news.
Read More »SFR Powerhouse
Starwood Capital Group CEO talks about his reasoning for merging with Blackstone’s Invitation Homes in this Video Spotlight. See more on SFR at the 2017 Five Star Conference and Expo on September 18 at the SFR Roundtable.
Read More »A Home for a Hero
In appreciation of a U.S. veteran, in conjunction with the Five Star Institute’s Keys for Life program, Operation Homefront and JPMorgan Chase presented the keys to a mortgage-free home Saturday during the National Fantasy Football Convention in Dallas.
Read More »Strangled by Restriction—Effects of Disastrous Appraisal Training Mandates
2015 brought requirements to appraiser trainee programs that were devastating to the industry. Two years later, could a reversal be on the horizon?
Read More »Jill Haro to be VP of Corporate Administration at LRES
LRES recently named Jill Haro as VP of Corporate Administration. In this role, Haro will oversee compliance and corporate-wide strategic projects. Haro has more than 15 years of experience working within the mortgage services industry in operations, client relations, and corporate project management.
Read More »5 Cities with Great Rental Investment Opportunities
It seems with all the talk about how millennials are shaping the housing market, there is little talk about how millennials are shaping the market for rental investment properties. And with a national average of two years to break even on your first home purchase as opposed to renting, coupled with low inventory across the country and rising home prices throughout, many millennials are renting for longer. These five cities have the longest break even horizon in the country.
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