FOR IMMEDIATE RELEASE
The Five Star FORCE Announces Chairman of Advisory Board
Mike Prewett of Southern REO to Take on Leadership Role
DALLAS, TEXAS—February 13, 2014—The Five Star Institute and the Five Star FORCE jointly announced today the confirmation of Mike Prewett as the chairman of the Five Star FORCE Advisory Board for the 2014 to 2015 calendar year. The board was formed with the goal to supplement the leadership and enhance the mission of the FORCE.
“This is an important strategic move for the FORCE that will have sweeping effects on all aspects of the membership experience,” said Ed Delgado, president and CEO of the Five Star Institute. “Mike’s expertise and industry capabilities are invaluable in this type of leadership role; he was an easy choice to head the board.”
Prewett, president and owner of Southern REO Associates, is a veteran in the real estate industry with more than 26 years’ experience. He has become a proven leader in the REO industry by focusing on efficient management and sales.
“My role as chairman of the Advisory Board will be to represent the FORCE membership and lead the organization in a meaningful direction in an industry that faces constant change and emerging obstacles. I am looking forward to a year full of challenges and rewards,” Prewett said.
The Five Star FORCE is an organization committed to cultivating, supporting, reinforcing, and advancing the business of industry-leading agents and brokers in the default servicing space. By developing productive and meaningful relationships with lenders, servicers, asset management companies, and investors, the FORCE is dedicated to bringing together the agent/broker and asset management communities in pursuit of a more efficient and effective industry.
The newly formed Advisory Board will guide the more than 1,200 members of the FORCE in pursuit of these goals and influence all functions of the group including industry connections, events, and education.
About the Five Star Institute
The Five Star Institute is a publishing, communications, marketing, event planning, and feature film production company. Among its many publications are DS News, the only professional monthly trade journal dedicated to the mortgage default servicing industry, and MReport, a trade publication serving the broader mortgage field. The Institute’s professional membership associations include the Five Star FORCE, an elite network of agents and brokers trained to handle distressed properties; the Legal League 100, a national consortium of law firms specializing in default and foreclosure matters; and the Five Star Default Title Coalition, dedicated to default title and closing professionals. Additional information about the Five Star Institute and its many business-building opportunities can be found atwww.TheFiveStar.com.
About Southern REO
Southern REO is a full-service provider covering more than 13 counties and 246 ZIP codes. Its experience in the Atlanta REO market has resulted in more than 15,000 properties sold in all price ranges and locations throughout north Georgia. In the past 24 months Southern REO has sold upwards of 2200 properties. Southern REO is an approved real estate brokerage with more than 90 clients including Fannie Mae, Freddie Mac, HUD, Wells Fargo, Bank of America, Chase, HSBC, SunTrust, Nationstar, and RBC. Southern REO can be found online atwww.SouthernREO.com.