Edward Delgado, SVP at Wells Fargo Home Mortgage
, will assume the role of CEO of The Five Star Institute
(FSI) and its affiliated conferences and
publishing entities, effective April 26, the organization announced Monday.
In addition to leading the company and its outreach to the mortgage default
servicing community, as CEO of FSI, Delgado will head a new initiative - The
Five Star Leadership Lender League, an effort designed to bring lenders and
institutional investors together in a cooperative coalition to foster
industry innovation and provide homeownership education and financial
literacy to consumers. Delgado will guide curriculum development for this
initiative and its related conferences, brands, and media products."Now, more than ever, the mortgage banking industry has a calling to work
together," Delgado said. "Colleagues, competitors, and even critics during
this unprecedented time are collaborating to help borrowers nationwide. The
servicing community, as well as the Obama administration and policymakers,
are working toward the joint mission of preserving and promoting the values
of homeownership."Delgado added, "By coming on board with FSI, I have made a commitment to be
a driver of change. Through dynamic and engaging workshops, and continued
collaboration, wewill foster best practices, promote effective policy, and become the conduit
for effective communication."Delgado has more than 20 years in mortgage banking. As SVP of government and
industry relations at Wells Fargo, one of the nation's leading providers and
servicers of residential mortgages. While serving as a key representative to
the U.S. Department of the Treasury, and in conjunction with industry
leaders, Delgado was pivotal in supporting the Obama and Bush
administration's efforts to develop mortgage solutions designed to stem the
nation's foreclosure crisis. Delgado served as a member of the Housing Policy Council of the Financial
Services Roundtable, and has chaired several subcommittees for the HOPE NOW
Alliance. He was also elected chairman of the Office of the Comptroller of
the Currency Advisory Council.Prior to joining Wells Fargo, Delgado served as an executive at Freddie Mac,
where he spent nine years in various leadership roles including loss
mitigation, structured risk transactions, investor reporting, and analysis.
In 1992, he was named VP and department head of residential mortgage and
home equity default operations for Dime Savings Bank of New York, at that
time one of the largest East Coast thrifts.Mark Hulme, founder of The Five Star Institute, stated, "Ed's move to The
Five Star Institute is no less than a phenomenal development for our
organization and could not be more apropos, given the incredible changes
that housing finance at large faces. The mortgage servicing community could
not be in greater need of the visionary leadership of a respected mortgage
professional such as Ed. He is an author of change and a true diplomat that
will rise to address the challenges facing today's marketplace."The Five Star Institute was founded in
2005 as an independent service provider that offers professional training
and a specialization in working with defaulted real estate. Promote your business and
services online and offline, find out when our next mixer is.Connect with other successful
womenReal Estate Investing Education,
take advantage of today's real estate marketBuild Your Business-Drive Your Dream Promo
Code: legendwww.TotalSolutionsAlliance.com Connect with me on Facebook
Twitter LinkedIn
, will assume the role of CEO of The Five Star Institute
(FSI) and its affiliated conferences and
publishing entities, effective April 26, the organization announced Monday.
In addition to leading the company and its outreach to the mortgage default
servicing community, as CEO of FSI, Delgado will head a new initiative - The
Five Star Leadership Lender League, an effort designed to bring lenders and
institutional investors together in a cooperative coalition to foster
industry innovation and provide homeownership education and financial
literacy to consumers. Delgado will guide curriculum development for this
initiative and its related conferences, brands, and media products."Now, more than ever, the mortgage banking industry has a calling to work
together," Delgado said. "Colleagues, competitors, and even critics during
this unprecedented time are collaborating to help borrowers nationwide. The
servicing community, as well as the Obama administration and policymakers,
are working toward the joint mission of preserving and promoting the values
of homeownership."Delgado added, "By coming on board with FSI, I have made a commitment to be
a driver of change. Through dynamic and engaging workshops, and continued
collaboration, wewill foster best practices, promote effective policy, and become the conduit
for effective communication."Delgado has more than 20 years in mortgage banking. As SVP of government and
industry relations at Wells Fargo, one of the nation's leading providers and
servicers of residential mortgages. While serving as a key representative to
the U.S. Department of the Treasury, and in conjunction with industry
leaders, Delgado was pivotal in supporting the Obama and Bush
administration's efforts to develop mortgage solutions designed to stem the
nation's foreclosure crisis. Delgado served as a member of the Housing Policy Council of the Financial
Services Roundtable, and has chaired several subcommittees for the HOPE NOW
Alliance. He was also elected chairman of the Office of the Comptroller of
the Currency Advisory Council.Prior to joining Wells Fargo, Delgado served as an executive at Freddie Mac,
where he spent nine years in various leadership roles including loss
mitigation, structured risk transactions, investor reporting, and analysis.
In 1992, he was named VP and department head of residential mortgage and
home equity default operations for Dime Savings Bank of New York, at that
time one of the largest East Coast thrifts.Mark Hulme, founder of The Five Star Institute, stated, "Ed's move to The
Five Star Institute is no less than a phenomenal development for our
organization and could not be more apropos, given the incredible changes
that housing finance at large faces. The mortgage servicing community could
not be in greater need of the visionary leadership of a respected mortgage
professional such as Ed. He is an author of change and a true diplomat that
will rise to address the challenges facing today's marketplace."The Five Star Institute was founded in
2005 as an independent service provider that offers professional training
and a specialization in working with defaulted real estate. Promote your business and
services online and offline, find out when our next mixer is.Connect with other successful
womenReal Estate Investing Education,
take advantage of today's real estate marketBuild Your Business-Drive Your Dream Promo
Code: legendwww.TotalSolutionsAlliance.com Connect with me on Facebook
Twitter LinkedIn
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