Tag Archives: Five Star Conference

J.K. Huey of Wells Fargo was presented with the 2014 Five Star Lifetime Achievement Award at the Women in Housing Leadership Summit September 16 as part of the 11th Annual Five Star Conference and Expo.

With so many single-family distressed homes out there on the market, real estate investors are aware of the need to choose carefully which homes to buy – and it's more than just the house itself that figures into the equation when buyers are making that determination.

With the mortgage industry becoming more heavily regulated in the last four to five years, those who work within the industry have had to place an increased emphasis on compliance. But compliance does not come without a steep price – it takes a great deal of time, effort, and money.

The process of eviction has become more heavily regulated in recent years right along with the rest of the housing industry, mainly by the Protecting Tenants at Foreclosure Act (PTFA) of 2009.

One resounding theme of the Foreclosure Lab at the Five Star Conference on Monday was clear – throwing compliance into the equation has made the foreclosure process way more complicated than it used to be because the industry is so much more regulated than it was as recently as five years ago before the passage of the Dodd-Frank Act.

The 2014 Five Star Conference and Expo will feature an important industry event hosted by Brian Montgomery, former FHA commissioner and current chairman of the Collingwood Group, a Washington, D.C. based mortgage lending business advisory firm. “We are fortunate to have such a recognized national figure in housing, lead this important and necessary discussion on the direction of the mortgage servicing industry,” said Ed Delgado, president and CEO of the Five Star Institute.