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Tag Archives: Five Star Institute

Delgado Calls for National Solutions on ‘Vacant Home Epidemic’

At the NPPC, leaders from HUD, the GSEs, mortgage servicers, and field services companies gathered at the Mayflower Renaissance hotel to collaborate on the best practices for preserving and protecting vacant and abandoned residential properties. In his opening remarks, Delgado called for balance and a common sense approach to regulation regard to the mortgage industry.

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Five Star Hosts Appraisal Theory: Back to Fundamentals

The Five Star Institute National Appraisal Congress recently hosted a webinar titled "Appraisal Theory: Back to Fundamentals,” presented by Ed Pinto, Codirector and Chief Risk Officer for the International Center on Housing Risk at the American Enterprise Institute.

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Survival in the SFR Market Requires Unorthodox Acquisition Strategies

As a prime example of looking outside the box to acquire properties, Reid said funeral homes have even become a source from which to gain new assets. Reid said he tells the funeral homes that when they hear clients are looking to liquidate to please let him know, and his company will offer the funeral home client that option.

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Five Star to Host Inaugural Single-Family Rental Summit In Las Vegas

The summit will include labs covering such topics as acquisition, securities, financing, insurance and law, disposition strategies for the SFR market, and rehab. It will also feature an exhibit hall, a general assembly on property management, a dialogue on how to gain scale and the challenges it presents, and several networking events.

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2015 Five Star Conference to Kick Off Wednesday in Dallas

This year's conference will include a keynote address from former FDIC Chairman Sheila Bair, a performance from country music star Wynonna Judd, an appearance from Dallas Cowboys quarterback Tony Romo, seven Five Star Labs (including the inaugural Single-Family Rental Lab) presented by experts in the real estate and mortgage industries from all over the country, and endless networking opportunities.

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Five Star Hosts TRID Preparation Webinar

The Five Star Institute recently hosted a webinar titled "Are You Ready for TRID" to help those in the industry become compliant with the CFPB's TILA-RESPA Integrated Disclosure (TRID) rule in time for the rule's effective date of October 3, 2015.

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National Appraisal Congress Launches Subcommittee to Address Valuations Workforce Shortage

National Appraisal Congress (NAC) has announced the formation of the Society of Young Appraisal Professionals, an NAC subcommittee focused on addressing the declining workforce in the residential valuation space. The new subcommittee's focus will be on actively recruiting, educating, and promoting apprentice appraisers and on brainstorming ideas and developing solutions to help appraisers who have been in the valuation space for five years or less.

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Mortgage Industry and Default Servicing Law Firms Convene at Legal League Servicer Summit

As is true in several other sections of the industry, regulatory compliance was a hot button issue. Several discussions at the Servicer Summit were centered on the question of how to adapt to constant regulatory changes and avoid the adverse effects of non-compliance. The evolving business landscape was another major theme of discussion at the Servicer Summit. With foreclosures on the decline in the last two to three years, many default servicing firms have struggled to maintain their position in the industry.

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