Brian Montgomery honored with Lifetime Achievement Award
The Five Star Institute and its sponsors closed Tuesday’s lineup at the Five Star 2021 Conference and Exhibition as industry leaders gathered to celebrate the dream of homeownership at the reception and concert. Keys for Life this year. The event featured a comprehensive roster of industry-focused programs, closed out by rock band Night Ranger, best known for their 1984 hit “Sister Christian”.
The event was hosted and the concert co-hosted by Auction.com, with partners JPMorgan Chase, MCS and the Veterans Financial Services Advisory Board, and nonprofit partner Operation Homefront.
As in previous years, Five Star Global Chairman Ed Delgado kicked off by welcoming the crowd and delivering his State of the Industry address.
âAt a time when many companies are faced with market volatility, it is important to recognize what has been accomplished in these extraordinary times,â said Delgado, then highlighting areas where the industry has grown to meet the challenges of the past 18 months. It was amazing to watch an entire industry rise to the occasion in the face of adversity and uncertainty and, once again, demonstrate an unprecedented level of care for owners. “
However, he continued, “make no mistake: this success comes at a price.” Explaining the challenges faced by many industries such as financial services lawyers and real estate professionals who continue to face declining volumes, Delgado also shed light on the heightened regulatory environment under the Biden administration. Finally, he noted that the industry must also adapt to the changing needs of new generations of home buyers, âconsumers who will look and behave very differently from consumers of the past decadeâ.
Nonetheless, Delgado concluded by outlining the positives that position the industry for future success: âWe know that a nationwide workforce is now available regardless of the company’s location – and no longer limited to office farms. We know we can quickly deploy solutions to help homeowners nationwide and have the infrastructure they need. And, as an industry, we know how to be transformative when called upon.
âBecause of these advances, I am happy to report that the state of the industry is strong,â Delgado concluded, âbecause of the strength of the leadership in this roomâ.
The evening also saw the presentation of the annual Five Star Lifetime Achievement Award, with this year’s honor being given to The deputy. Brian D. Montgomery, President and Founding Partner, Gate House Strategies, LLC; Assistant Secretary in the US Department of Housing and Urban Development (2019-2021). A universally respected veteran of four presidential administrations (both Republican and Democrat), Montgomery is the only person confirmed to lead the FHA on two separate occasions, where he served as Deputy Housing Secretary and Federal Housing Commissioner for 6.5 years under three different presidents. .
In a pre-recorded tribute, former HUD secretary Ben Carson said of Montgomery: âHe probably knows more about housing policy than anyone else in the United States of America.
Montgomery, who is known for his ability to be pragmatic in politics and his accomplishments under Republican and Democratic administrations, has informed the public that sometimes progress requires compromise and people rely on government leaders to serve the public. , regardless of their political affiliation.
âThere has to be a willingness to come together,â Montgomery said. âThinking back to my tenure in government – September 11, the Space Shuttle Columbia, the Great Recession and the most recent COVID-19 – I remember that while we may differ on the philosophy of governance, we share common goals and a great admiration for the institutions and leadership of our government, which ultimately serve the same people. â
He reminded the professionals gathered for the evening that there is always a sense in pursuing something with sincerity.
âThe work you do will fit into the whole if you allow it,â he said. “The greatest rewards are found in the commitments we make with all of our hearts.”
The Keys For Life reception also continued a long five-star tradition of handing over the keys to mortgage-free homes to a group of veterans. The homes were provided with the support and cooperation of JPMorgan Chase, Operation Homefront and the Veterans Financial Services Advisory Council. This year’s home recipients included:
- U.S. Army Sergeant First Class Ramiro carrasco from Big Spring, Texas
- U.S. Army Sergeant Stagg Jonas Flores from Fort Smith, Arkansas
- US Navy Petty Officer Third Class Velanya payne from Pinson, Alabama
- US Air Force senior aviator Priscilla pazmino from Woodstown, New Jersey
- U.S. Army Soldier First Class Tamekia Sanders from Fort Mill, South Carolina