Foreclosure Prevention Training - Reno
Offered by the Federal Reserve Bank of San Francisco, Chase’s Homeownership Preservation Office and the Nevada Statewide Foreclosure Prevention Taskforce

Wednesday, April 9, 2008
8:00 a.m. – Registration and Breakfast
8:30 a.m. to 12:30 p.m. – Training

McKinley Arts and Culture Center
925 Riverside Drive, Reno, NV 89503

There is no charge, but advanced registration is required.  Space is limited.

Questions? Contact Jan Bontrager, Regional Manager, 415-974-3370.

This training provides important opportunity to expand the breadth of counseling resources for sustaining homeownership in Nevada. 

The training course will cover the following topics: the history of loss mitigation; the lender/investor/servicer relationship; general mortgage loan servicing requirements; loss mitigation options and qualification standards; best practices for counselor/realtor interactions with servicers; retention options; short sales; and real estate owned (REO) homes and properties. Participants will also learn about foreclosure fraud schemes in Nevada and resources to prevent them.

Any practitioner working with homeowners at risk of a potential foreclosure are encouraged to attend, including realtors,  attorneys, public officials, social workers, brokers, and housing counselors.*
 
*This class is a non-certification training that provides an introduction to foreclosure issues and loss mitigation resources.

Preserving Homeownership—Preserving Communities
Mortgage delinquency research and data, resources for lenders, counselors and consumers for high risk areas in the Federal Reserve’s 12th District.

Community Investments Magazine Issue on Homeownership Preservation,
Vol 18; No.3

Homeownership at a High Cost: Foreclosure Risk and High Cost in California
Laura Lanzerotti, Working Paper 2006-01