Current Best Practices in Foreclosure Prevention - FEDERAL RESERVE BANK of NEW YORK

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Conference Announcement and Agenda

Current Best Practices in Foreclosure Prevention

November 2, 2006

Sponsored by the New York Fed's Office of Regional and Community Affairs

Overview
This forum informs financial institutions and loan servicing companies about innovative strategies to prevent foreclosures, preserve the assets of low- and moderate-income households and help mitigate loss for the financial services industry by highlighting foreclosure prevention best practices.

Location
Federal Reserve Bank of New York
New York, New York

Program

Thursday, November 2, 2006

8:45 a.m.	Welcome and opening remarks Elizabeth Ann Rodriguez, Vice President and Community Affairs Officer, Federal Reserve Bank of New York

9:00 a.m.	Delinquency and Foreclosure: National Framework Description and discussion of "best in class" foreclosure avoidance programs in the United States. Speaker: Michael Collins, Principal, Policy Lab Consulting Group

9:30 a.m.	Best Practices in Foreclosure Prevention Experiences of the National Credit Counseling Resources Center (NCCRC) program and perspectives from a national lender. Speakers: Colleen Hernandez, President, Homeownership Preservation Foundation Heidi Coppola, Director, Public Policy and Issues Management, Citigroup

10:00 a.m.	Break

10:15 a.m.	Protecting Assets and Community Equity (PACE) Description and discussion of local PACE program developments. Speaker: Sarah Ludwig, Co-Director, Neighborhood Economic Development Advocacy Project (NEDAP)

10:30 a.m.	General Discussion and Summary Facilitator: Phyllis Rosenblum, Consultant

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