FIVESTAR RECAP VIDEOS
A selection of videos shot live at the 2007 Five Star
ATTENDEE FEEDBACK
The word from attendees of the 2007 Five Star on why you can't afford to miss the 2008 Five Star.
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The Lender/Servicer Open Houses were an excellent opportunity to meet face-to-face with the lenders, servicers, and asset management companies that drive our business. It was truly a unique opportunity that I have only experienced at the Five Star Conference ... will definitely help to expand our business further
—Chris Price
Keller Williams Indy Metro West
The lender/servicer open house was the highlight since I was able to speak directly with the asset managers and had the opportunity to ask them questions.
— Jennifer Lemke
Home Real Estate
Just a quick note to tell you how much I enjoyed the conference. Best yet. Keep up the good work.
— Melvin Ginsberg
Melvin R. Ginsberg Co., L.P.A.
This was my first Five Star Conference, and I was thoroughly impressed ... The Five Star Academics presentations were top notch, and the only regret I have is that I was not able to attend more of them. As a real estate agent with a focus on the REO side of the business, the Lender/Servicer Open House was of immense value to me and the company I represent. You guys hit a home run, and I guess the challenge you are burdened with is to make the 2008 Five Star Conference better!
— Don Meriweather
Ammons Pittman GMAC REO Division
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The Five Star Conference was an amazing event for me. With this being my first time to attend the conference, the opportunity to learn with the panels Five Star provided, meeting with current clients, potential clients, as well as meeting wonderful professional individuals, this is a
conference everyone within the REO industry should support. I look forward to next year, the opportunity to learn more, listen more, and meet more professionals within our industry! Until then...have a powerful year!!!
— Michelle N. Squair
Baxter & Schwartz, P.C.
I have been attending seminars for over 31 years and I have never ever attended one that was as well coordinated or offered as many opportunities to expand our business. Thank you and we will see you next year.
— Dave Dunakey
Dunakey & Klatt, P.C.
The atmosphere at the Five Star Conference was electric. Agents and brokers were there with one goal—learn to do more! Exhibitors were outstanding and very helpful. I plan on being a regular at this conference.
— Greg Whaley
Landmark Realty
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This was my first time attending the famous Five Star Conference in Dallas. I came to network with the best of the best and grow my business, and that is what I did. The workshops were very informative and definitely aimed at growing your business. I can’t wait until next year and the other events!
— Mark Forcum
Century 21 At The Crossing
I had a great time. Each year gets better and better.
— Lisa Sanders-Shah
Coldwell Banker AJS Schmidt
The best Five Star Conference yet! We all learned a lot and met some great contacts ... This was first class! The speakers and classes were informative and relevant.
— Carlton & Sandy Lund
The Lund Team
STATE OF THE INDUSTRY RECAP
Miss out on the State of the Industry report at the Five Star?
Check out the recap with Freddie Mac's Deputy Chief Economist Amy Crews Cutts.
Click here >>
The Blockbuster Business Event of '07!
For the fourth year in a row, the 2007 Five Star Default Servicing Conference and Expo created an industry event of truly epic proportions. The conference, which took place in Dallas from September 9 to 12, pulled out all the stops this year and designed an experience you had see to believe.
On Monday, recipients of the inaugural 2007 Five Star Lifetime Achievement & Humanitarian Awards were announced. The ceremony—conceived on the idea that professionals in the default servicing industry should be honored for their significant accomplishments and all the good they do—took place during the Five Star's introductory breakfast at the Hilton Anatole hotel.
The Five Star Team would like to congratulate the following recipients of the first-ever Lifetime Achievement Award: Deborah Oakley, senior vice president of home ownership preservation at National City Mortgage; Robert (Bob) Caruso, a servicing and post closing executive with Bank of America; and Larry Brown, an industry veteran now retired from Fannie Mae.
The Five Star also honored the first-ever Humanitarian Award recipients during Monday's breakfast. Recognition was given to: Linda Schlechter with John L. Scott real estate in Portland, Oregon; Mary Daffin, an attorney based in the Houston law office of Barrett, Burke, Wilson, Castle, Daffin & Frappier, L.L.P.; The Chapter 13 Trustees; Dale McPherson and the entire Field Asset Services team of Austin, Texas; and Lisa Barrentine and Nancy T. Richards with Addison, Texas-based First Preston Management.
Economic indicators suggest the U.S. has a 50 percent chance of experiencing a significant recession within the next six months, according to Amy Crews Cutts, deputy chief economist for Freddie Mac. Crews Cutts made that prediction while serving as the lunch keynote speaker following the awards ceremony.
“The economy, of course, is slowing down, and this is one of the risks that we've had for a long time,” Crews Cutts said during an interview with DSNews.com. “The Fed has been fighting inflation, leading indicators toward higher interest rates potentially as they try to fight future inflation. Now, of course, with the financial markets creating a lot of trouble for mortgage borrowers ... the risk of recession is quite high.”
What's even more troubling to Crews Cutts is the number of delinquencies lenders are experiencing on loans originated as late as 2006. Under these circumstances, Crews Cutts says it's harder to point the finger solely at adjustable-rate mortgages because many of these mortgages have yet to readjust.
A picture is definitely worth a thousand words, which means the following images will speak volumes about this year’s Five Star events. So check out these snapshots for a bird’s-eye-view of all the hot happenings at the Expo Hall, Lender/Servicer Open House, DS News Forums, Five Star Academics and the networking opps like the Red Carpet Reception and Five Star Gala.