Wisconsin Moves Forward to Address Foreclosures

Sponsored By
The Federal Reserve Bank of Chicago
University of Wisconsin Extension
Wisconsin Housing and Economic Development Authority

Thursday, March 13, 2008
Country Springs Hotel
Waukesha, Wisconsin

Last updated: April 3, 2008

Agenda
		BREAKFAST BUFFET AND OPENING PLENARY SESSION WILL BE HELD IN THE GRAND SALON ROOM
8:00 a.m.		Registration and Continental Breakfast
8:30 a.m.		Welcoming Remarks and Presentation — Regulatory Update on Mortgage Foreclosures Steven W. Kuehl (PDF,8KB) Consumer Regulations Director Federal Reserve Bank of Chicago Presentation (PDF,368KB) Update on the latest regulatory responses to help reduce preventable foreclosures.
9:00 a.m.		Surging Inequality and the Rise in Predatory Lending Dr. Gregory D. Squires (PDF,9KB) Professor of Sociology and Public Policy and Public Administration George Washington University, Washington D.C. Presentation (PDF,392KB) Equitable access to credit is essential to eradicating racial inequality.
10:00 a.m.		Break & Move to Your First Education Breakout Session
		EDUCATION BREAKOUT SESSIONS WILL BE HELD IN THE WOODFIELD ROOMS A,B,C AND D
10:15 a.m.		Concurrent Sessions on Foreclosure Training Sustaining Homeownership: Foreclosure Prevention — Woodfield A Room Bonnie Boards(PDF,8KB) Vice President and Homeownership Preservation Officer JPMorgan Chase This two–part training (full training includes both the AM and PM sessions) is targeted to mortgage counselors and dispels myths, provides the lenders perspective and outlines the available solutions. Foreclosure Litigation Process Training — Woodfield B Room Catey Doyle (PDF,7KB) Chief Staff Attorney Legal Aid Society of Milwaukee The Foreclosure litigation process — what works and what doesn't. Latest Trends in Mortgage and Real Estate Fraud — Woodfield C&D Rooms Brad Geary (PDF,7KB) Assistant Special Agent in Charge U.S. Department of Housing and Urban Development Ray A. Espinosa (PDF,7KB) Assistant Special Agent in Charge for Midwest Region U.S. Department of Housing and Urban Development Presentation (PDF,4398KB) What are the red flags that signal fraudulent mortgage scams and schemes and what are best practices for stemming this illegal activity? Please note that this training session will be repeated in its entirety in the afternoon session.
11:45 a.m.		Break & Networking
		LUNCH WILL BE SERVED IN THE GRAND BALLROOM NORTH ONE HALF
12:00 p.m.		Lunch and Luncheon Address Luncheon Address — "Litigation perspective on predatory lending issues and insights into regulatory efforts at drafting legislation to address financial abuses" Introduction of Keynote Speaker Steven W. Kuehl Thomas James (PDF,9KB) Senior Assistant Attorney General State of Illinois, Consumer Fraud Bureau and Federal Reserve Board Consumer Advisory Council Member
1:00 p.m.		General Overview regarding Task Forces — Building an Effective Community Response to Foreclosures in Wisconsin Suzanne Dennik, Diane Schobert, Betty Kalscheur
1:05 p.m.		Break & Move to Your Second Education Breakout Session
		EDUCATION BREAKOUT SESSIONS WILL BE HELD IN THE WOODFIELD ROOMS A,B,C AND D
1:15 p.m.		Concurrent Sessions on Foreclosure Training Sustaining Homeownership: Foreclosure Prevention — Woodfield A Room Bonnie Boards (PDF,8KB) Vice President and Homeownership Preservation Officer JPMorgan Chase Presentation (PDF,209KB) This training is targeted to mortgage counselors and dispels myths, provides the lenders perspective and outlines the available solutions. Defenses and Counterclaims to Mortgage Foreclosure — Woodfield B Room David P. Leibowitz (PDF,18KB) Partner Lakelaw-Kenosha Presentation (PDF,744KB) In some instances, homeowners may be able to pursue important claims against mortgage lenders or their assignees. There are no "magic bullets" but advocates should be aware of the tools at their disposal. A principled defense and counterclaim frequently leads to beneficial outcomes for both mortgage lenders and homeowners. Latest Trends in Mortgage and Real Estate Fraud — Woodfield C&D Rooms Brad Geary (PDF,7KB) Assistant Special Agent in Charge U.S. Department of Housing and Urban Development Ray A. Espinosa (PDF,7KB) Assistant Special Agent in Charge for Midwest Region U.S. Department of Housing and Urban Development Presentation (PDF,4398KB) What are the red flags that signal fraudulent mortgage scams and schemes and what are best practices for stemming this illegal activity? Please note that this training session is a repeat from the morning session.
2:45 p.m.		Break & Move to Your Task Force Breakout Session
3:00 p.m.		Task Forces — Building an Effective Community Response to Foreclosures in Wisconsin Financial Options & Strategies Task Force — Woodfield A Room Exploring what additional short and long term financial options and strategies may be needed in Wisconsin to complement existing solutions to prevent foreclosure. Betty Kalscheur (PDF,8KB) — Moderator HOME Homebuyer & Rehabilitation Program Manager Wisconsin Department of Commerce Stabilization & Maintenance Task Force — Woodfield B Room Solutions for creating and implementing a solid, post-purchase program for Wisconsin homeowners that will help stabilize the homeowner's financial position and assist with the long term maintenance of their home. Suzanne Dennik (PDF,8KB) — Moderator and Presenter Consumer and Housing Education Coordinator University of Wisconsin Extension, Milwaukee and Racine Counties Presentation (PDF,776KB) Options and Outreach Task Force — Woodfield C&D Rooms Working together to provide appropriate, timely, quality information to Wisconsin consumers about their options when facing delinquency and the potential foreclosure of their home. Diane Schobert (PDF,8KB) — Moderator and Presenter Business Development Officer Wisconsin Housing and Economic Development Authority Presentation (PDF,1097KB)
4:30 p.m.		Adjourn at the discretion of Task Force Moderators