TheMReport

May 2016 - Rise and Fall

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 15 EXPOSURE Industry Leaders and Regulators Meet to Shape Housing Policy For the seventh consecutive year, leaders from both government and mortgage servicing converged in Washington, D.C., for the 2016 Five Star Government Forum to work together to shape housing policy in America. The historic Newseum provided the backdrop for the day-long exclusive event on Thursday, March 31, as leaders from government agencies such as the Federal Housing Administration, the Consumer Financial Protection Bureau, Fannie Mae, Freddie Mac, and Ginnie Mae joined with top executives in mortgage servicing. "This event provides a unique platform to engage mortgage servicers, federal regulators and agencies that seek to establish common ground on the establishment of best practices and solutions, ultimately designed to protect homeownership," Five Star Institute President and CEO Ed Delgado said. The morning's events at the Five Star Government Forum included a keynote address from HUD Principal Deputy Assistant Secretary Edward Golding as well as panel discussions on the potential effects of the upcoming presidential election on housing policy and effective strategies for regulators and the industry to work together for the good of the American homeowner. The afternoon's activities included a keynote address from Ginnie Mae President Theodore W. Tozer, an update on single-family housing by leaders from Fannie Mae and Freddie Mac, a discussion on the economic indicators that are expected to drive the housing market in 2016, and a discussion on the challenges that communities are facing while still trying to recover from the housing crisis eight years later. 1. 3. 4. 5. 2. The 2016 Five Star Government Forum 1. Rick Sharga, Chief Marketing Officer at Ten-X, presents John Pray, President and CEO at Operation Homefront, with a check to support the donation of mortgage-free home to wounded veterans. 2. Jack Konyk, Executive Director, Government Relations at Weiner Brodsky Kider talks about the ramifications the upcoming elections will have on housing during the "Changing of the Guard" panel. 3. Edward Golding, Principal Deputy Assistant Secretary, Office of Housing at HUD delivers the morning keynote address. 4. Ten-X Chief Marketing Officer Rick Sharga delivers remarks supportive of the cause of aiding wounded veterans. 5. Five Star Institute President and CEO Ed Delgado kicks the morning off with remarks on the state of the industry.

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