9:00 a.m. – Noon

Loss Mitigation and Making Home Affordable Workshop
In this interactive training workshop, attendees will learn key terminology being used in the current mortgage environment. They will learn about the mortgage delinquency cycle, understand how it works and what options are available to homeowners in distress, with special emphasis on the government’s Making Home Affordable initiative.  They will also learn what pitfalls to avoid when working with mortgage servicers; how to recognize and avoid scam artists; and where to go for help.

Topics for the day include:

• Key terminology in the mortgage industry
• Understanding the mortgage delinquency cycle and how it works
• What documentation is needed to apply for assistance
• Home retention options
• President Obama’s Making Home Affordable Program
• Liquidation options:  What to do when everything else fails
• Resources available

Noon – 1:00 p.m.

Roundtable Discussion: Foreclosures, Neighborhood Stabilization Program
Join in a discussion on the foreclosure situation and the challenges and successes of the Neighborhood Stabilization Program in Oregon and SW Washington.

1:00 p.m.  – 2:00 p.m.

Putting REO Back Into the Community
Rehabilitation of foreclosed or abandoned property by local governments, nonprofits or housing providers is an important step on the road to neighborhood recovery in areas hard-hit by foreclosure.

• Find out about JP Morgan Chase’s REO Gifting and Discounted Sales Program
• Learn how to leverage resources in order to stabilize communities and maintain housing stock while providing affordable housing through collaborative partnerships.  
• Explore how nonprofits, government entities and Neighborhood Stabilization Program jurisdictions can acquire JP Morgan Chase, WaMu or EMC-owned REO properties within their service areas to help stabilize neighborhoods experiencing high foreclosure activity.
• Learn how to acquire REO in compliance with the Neighborhood Stabilization Program