Thursday, July 28, 2011

8:30 am Registration
9:00 am Welcome and Opening Remarks

What happens to families and communities following foreclosure and are local resources equipped to minimize personal destabilization and facilitate a less painful recovery. Opening remarks will help to set the stage for a day of interactive discussion among attendees about what is foreclosure recovery and how local partners can play a role.

Lena Robinson (pdf, 616 kb), Federal Reserve Bank of San Francisco
Resource directory

9:15 am Managing Foreclosure and Steps to a Graceful Exit

What approaches are most effective in helping homeowners avoid foreclosure? Mortgage servicers will discuss updates to loss mitigation process and new procedures for more effectively communicating with borrowers. Foreclosure prevention counselors will also share information about what’s available, what’s working, and solutions for homeowners who can’t stay in their home.

Leila Emadin, Executive Director, Housing Resource Center

Diana Stauffer, Wells Fargo Home Mortgage Servicing (invited)

Jim O’Donnell, Chase

Chris Anglewirth (pdf, 144 kb), California Housing Finance Agency (Keep Your Home CA) (in Spanish (pdf, 147 kb))

Brenda Lopez, SurePath Financial Services (Consumer Credit Counseling Service)

11:00 am Resources for Recovery

Homeowners are not the only casualty of the foreclosure crisis. Both neighborhoods and renters can suffer negative consequences when a property goes into foreclosure. Beyond just ensuring that tenant’s receive their legal rights, allowing a renter to remain in a property may keep the property from being vandalized or neglected. It is one strategy that can positively augment efforts by the local jurisdiction to minimize blight and stabilize neighborhoods. This panel will focus on renters’ rights and local community stabilization efforts. Discussion about availability of rental housing for displaced homeowners and renters rights will also be included.

Maria Reich Ortega, CHISPA

11:30 am Networking Lunch
12:00 noon Resources for Recovery

Rebuilding credit and establishing a secure financial foothold is a high priority for many people following a foreclosure, prolonged delinquency, or other financial setback. This is also an opportunity that is ripe for fraud and scams. For some, the first step to financial recovery is dealing with debt and learning to manage resources. For others, it may be to increase income or find steady employment. This panel will discuss the array of tools available to assist with personal financial recovery and achieving long-term economic stability.

Joy Thormodsgard (pdf, 642 kb), SurePath Financial Services (Consumer Credit Counseling Service)

Yuri Anderson, United Way

1:15 pm Next Steps: Building Capacity to Support Recovery
1:45 pm Workshop Adjourns