Events, Conferences and News
Upcoming events and conferences sponsored by the Federal Reserve

Conferences

Recovery, Renewal, Rebuilding: A Federal Reserve System Foreclosure Series
A series of forums focused on the aftereffects of the foreclosure crisis and solutions for community recovery, rebuilding and preparing for the future. Materials from these forums are now available online.

Houston HOPE NOW Workshop: November 15, 2008, 8 a.m. to 2 p.m., Lakewood Church
The national HOPE NOW Alliance along with Houston area lenders and counselors will host a foreclosure prevention workshop for homeowners.

Past Event—Review presentations from the 2007 Preserving Homeownership conference held at the Dallas Fed.

News

• November 12, 2008: The Federal Housing Finance Agency, regulator for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, have announced a streamlined modification program to reduce foreclosures. Learn more
   
  
• November 12, 2008: Citi announces new preemptive initiatives to help homeowners remain in their homes. Learn more
   
  
• October 31, 2008: Chase expands its mortgage modification program. Learn more
   
• October 6, 2008: Bank of America announces home retention program for Countrywide customers. Learn more
   
• October 1, 2008: HUD announces new Hope for Homeowners program. Learn more
   
• Online Foreclosure Basics Training for Counselors—NeighborWorks America and the NeighborWorks Center for Homeownership Education and Counseling is offering a new online training course on Foreclosure Basics. Learn more For a limited time, this online training is FREE to HUD-approved housing counseling agencies as well as municipal, state and federal government agencies. For the online registration code, contact JoAnn DePenning, Texas Foreclosure Prevention Task Force statewide coordinator: jdepenning@austin.rr.com .

Consumer Information Resources available to consumers facing foreclosure Foreclosure Resources for Consumers (FR Board of Governors) NeighborWorks Foreclosure Hotline 888-995-HOPE You May Be Paying Too Much for Your Mortgage (FRB Boston) Filing a Bank-Related Complaint Research Publications Papers, articles and data, including work by the Federal Reserve A Snapshot of Mortgage Conditions with an Emphasis on Subprime Mortgage Performance Residential Foreclosures in Texas Banking & Community Perspectives, Issue 2, 2007, "Preserving Homeownership: Addressing Foreclosure" Economic Letter, Nov. 2007 The Rise and Fall of Subprime Mortgages Profitwise News and Views The Home Ownership Preservation Initiative Tierra Grande, July 2008 Still Standing: New Jobs Keep Texas Housing Going

Community Resources Local and national resources, directory of service and best practices in the area of foreclosure assistance Local Texas Foreclosure Prevention Task Force Texas Dept. of Housing & Community Affairs Texas Attorney General Legal Assistance for Low-Income Texans National NeighborWorks ® America Hope Now StableCommunities.org Foreclosure Maps Dynamic Maps and Data Bexar County Clerk Foreclosure Site Dallas Morning News Houston Chronicle

Policy & Regulation Information affecting financial institutions and regulatory updates Loan Modification Regulation Z (Truth in Lending) Federal and State Agencies Announce Pilot Project to Improve Supervision of Subprime Mortgage Lenders Federal Financial Regulatory Agencies and CSBS Issue Statement on Loss Mitigation Strategies for Servicers of Residential Mortgages Regional Reserve Banks Efforts in other Reserve Bank Districts to alleviate foreclosures Federal Reserve Community Affairs websites Foreclosure Mitigation Toolkit for Communities Resources for community leaders to assess their foreclosure situation, reduce preventable foreclosures, provide support to troubled homeowners and stabilize neighborhoods. Go to Toolkit»