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ProfitWise News and Views, May 2004
Neighborhood Housing Services of Chicago Home Ownership Preservation Initiative

On Wednesday, September 3, 2003, the Federal Reserve Bank of Chicago
hosted a breakfast meeting at which Neighborhood Housing Services (NHS)
of Chicago made a presentation on the progress of HOPI, the Home Ownership
Preservation Initiative. HOPI, officially launched in April of 2003, is a partnership
between the City of Chicago, NHS and key financial institutions who conduct business in Chicago, including General Motors Acceptance Corporation–Residential Funding Corporation (GMAC-RFC), Chase Manhattan Mortgage Corp., Bank One Corp., LaSalle Bank, Harris Trust and Savings Bank, Bank of America Corp., and Washington Mutual, Inc.

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Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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