Saving the American Dream – Are We Moving Toward Recovery?

The Federal Reserve Bank of Chicago is sponsoring a conference at 7:30 a.m. to 12:30 p.m. on October 13, 2009 entitled "Saving the American Dream – Are We Moving Toward Recovery?".


Over the past 12 months, many changes have taken place. Various state and local programs have been introduced. How have these changes impacted homeownership preservation? Are we moving toward recovery?

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12:00 AM
Vacant & Abandoned Property

This panel will discuss how southeast Michigan is using the resources of NSP and other programs to mitigate the impact of vacant and abandoned properties resulting from foreclosures.

Jack Schwab, Vice President, Flagstar Bank
Heidi Mucherie, Executive Director, Detroit Vacant Property Campaign
Stephen Bancroft, Executive Director, Detroit Office of Foreclosure Prevention and Response
Tom Goddeeris, Executive Director, Grandmont Rosedale Development Corporation
7:30 AM
Registration and Breakfast Buffet
8:00 AM
Welcoming Remarks
Harry J. Ford
Community Affairs Manager
Federal Reserve Bank of Chicago
8:15 AM
Snapshot of Foreclosure – Past and Present
Kurt Metzger Director of Detroit Area Community Indicators System City Connect Detroit
9:00 AM
Mortgage Fraud and Foreclosure Scams
Robert Howard Supervisory Special Agent Federal Bureau of Investigation Detroit
9:45 AM
Break & Networking
10:00 AM
State and Federal Programs

This panel will discuss how Michigan is using state and federal programs toward homeownership preservation recovery efforts, and the effectiveness of these programs.

Nancy Walker, Manager, Mission of Peace National Corporation
Lisa Nuszkowski, Co-Director, Michigan Foreclosure Task Force
12:30 PM
Closing Remarks and Adjournment

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