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Confronting the Foreclosure Crisis in Indiana

The Federal Reserve Bank of Chicago sponsored a free half-day conference which focused on efforts in Indiana to address the foreclosure crisis using foreclosure prevention and community stabilization programs. Representatives from academia, government, legal, mortgage counseling and private sectors highlighted the economic outlook for the U.S. and the state of Indiana; provided perspectives regarding the current system for foreclosure prevention and the potential impact of the current foreclosure legislation; and discussed how Indiana is using resources under the Housing and Economic Recovery Act of 2008 to mitigate the negative impact on communities when foreclosure is imminent.

Wednesday, 06/10/09
7:30 AM
Registration and Breakfast Buffet
8:30 AM
Welcoming Remarks


Desiree Hatcher
Community Affairs Program Director
Federal Reserve Bank of Chicago

Harry Ford
Manager, Community Affairs
Federal Reserve Bank of Chicago
8:45 AM
Economic Outlook
Timothy Slaper Ph D, Director of Economic Analysis, Kelley School of Business, Indiana University -Bloomington
9:30 AM
Improving the Foreclosure Process

This panel will provide perspectives regarding the current system for foreclosure prevention, current Indiana foreclosure legislation, and how banks, counseling agencies and the legal profession can work together to help homeowners who are facing foreclosure.

Judge Cynthia Ayers, Marion County Superior Court
Judge Melissa S May, Indiana Court of Appeals
Kathryn Perron, President, Momentive Credit Counseling Service
Amber R Van Til JD, Vice President, Government Relations
10:45 AM
Break & Networking
11:00 AM
Using Federal Resources to Address Foreclosure Issues

This panel will discuss how Indiana is using resources under the Housing and Economic Recovery Act of 2008 to mitigate the impact of foreclosure on Indiana communities. 

William Shaw, Operations Specialist, HUD/Mortgage Fraud and Foreclosure Task Group
David Kaufmann, Policy Manager , Indiana Housing and Community Development Authority
Seth Payton, Senior Policy Analyst , Indiana University-Purdue University at Indianapolis
Scott Weghorst, President, Pinnacle Mortgage Funding LLC
Mary Beth Wott, Vice President and Community Investment Officer, Federal Home Loan Bank of Indianapolis
12:30 PM
Closing Remarks and Adjourn
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