"His steady hand, focus, and compassion helped guide an industry through a turbulent period," said Ed Delgado, Chairman Emeritus at Five Star Global. "His influence on promoting affordable housing and his longstanding commitment to protecting the dream of homeownership will have an impact on generations to come."
Read More »U.S. Delinquency Rate Ticked Up in November
A new report reveals that the national delinquency rate inched higher in November but remains below pre-pandemic levels, while "serious" delinquencies—those that are more than 90 days past due—also rose but are down year-over-year.
Read More »Share of Hispanic Households Projected to Surge by 2040
Despite elevated interest rates and rising home prices that have intensified affordability issues for Hispanic homebuyers, by 2040, an estimated 70% of new homeowners will be Hispanic. Learn what else this new study from the Urban Institute reveals.
Read More »How a Government Shutdown Could Impact the Industry
A partial shutdown of government operations would result in the closing of some federal housing, mortgage, and other programs of interest to the housing industry if Congress is unable to agree on the provisions of a Continuing Resolution to fund the federal government by September 30.
Read More »Five Star Institute to Honor Laurie A. Maggiano Legacy With 2023 Award
At this week’s Five Star Conference & Expo in Dallas, the Institute will name the 2023 winner of the Laurie A. Maggiano Legacy Award for leaving an indelible impact on the industry, and having a positive influence on homeownership.
Read More »August New Home Purchase Mortgage Applications Up Nearly 21%
Purchase demand remained strong in August for newly constructed homes, increasing 20.6% compared to a year ago, according to the MBA Builder Application Survey, while the average loan size for new homes increased to $398,092.
Read More »Five Star Institute Names 2023 Women in Housing Award Finalists
Five Star’s Annual Women in Housing Leadership Awards recognize the achievements of businesswomen whose contributions will continue to impact the housing and mortgage servicing industry for years to come.
Read More »Highlighting Servicer Success and the Utilization of Loss Mitigation Technology
While nationwide home prices and average costs of living continue to rise, a new case study from Black Knight highlights servicer success using self-service loss mitigation technology to connect with and engage borrowers in times of financial distress.
Read More »FHA Announces Required Use of Supplemental Consumer Information Form
The Supplemental Consumer Information Form is used during the mortgage application process, allowing borrowers to voluntarily identify language preferences and provide information on housing counseling and homeownership education they may have received.
Read More »Serious Delinquency Rates for FHA/VA Loans Remain Above Pre-Pandemic Levels
According to a new CoreLogic report, new data shows conventional serious delinquency rates remain lower than pre-pandemic levels, even as rates for FHA and VA loans continue to inch upward.
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