60th Annual Conference

Marriott Marquis | Atlanta, GA | May 4–6, 2009

Last Update: Thu, December 11, 2008

Description
Throughout the past 15 years, the United States has experienced a revolution in mortgage finance. Our mortgage markets have changed dramatically and become much more complex. These changes have had many positive aspects but also some serious negative consequences. As of the fourth quarter of 2007, there had been 1.2 million foreclosures and another 1.8 million loans were seriously delinquent. More than two million foreclosures totaling up to $3 trillion in value are expected in 2008–2009. The subprime mortgage crisis threatens to devastate the economy and push many families into poverty. An expert panel of funders who have been dealing with this issue will discuss what local funders can do to address the subprime meltdown in their communities.
Handouts
NFGForeclosureBlueprintFlyer
NFGForclosureblueprintflyer(sm)
NFGForclosureBrief_2008
NFGForclosureBrief-2
NFGForeclosureCrisisReadingList
Session Detail
Time:	Mon, May 04, 2009 02:30 pm - 04:00 pm
Presenter(s):	Bettye D. Brentley Session Designer Executive Director Neighborhood Funders Group Deborah Goldstein Speaker Executive Vice President Center for Responsible Lending George McCarthy Moderator Director, Economic Opportunity & Assets Ford Foundation Laurie Latuda Speaker Program Officer The Goldseker Foundation Sarah Stranahan Committee Liaison The Stranahan Foundation Susan Keating Speaker President and Chief Executive Officer National Foundation for Credit Counseling