FDIC and Neighborworks to co-host a series of one-day seminars on foreclosure prevention MortgagePress.comFDIC, NeighborWorks America, foreclosure prevention, seminars
The Federal Deposit Insurance Corporation (FDIC) and
NeighborWorks America have kicked off a series of one-day
foreclosure prevention seminars in five high-foreclosure cities.
The seminars will be geared toward private- and public-sector
organizations that work with consumers who are at risk of
The seminars will provide an overview of the foreclosure process
and industry access that will be helpful in providing guidance to
their clients and constituents. Participants will include support
counselors, bankers, real estate professionals, and others involved
in foreclosure outreach efforts to distressed homeowners.
"There were just over 1.5 million foreclosures in 2007, and that
number could rise further this year unless meaningful steps are
taken to address the foreclosure problem," said Thomas J. Curry,
member of the FDIC board of directors and chairman of NeighborWorks
America. "We are committed to bringing parties together who are on
the front lines of working with at risk consumers in an effort to
keep as many people as possible from losing their homes."
Each one-day symposium will be broken down into morning and
afternoon sessions. The morning sessions will focus on mitigation
counseling and resources, and understanding homeowner issues and
concerns. The afternoon session will focus on opportunities and
strategies for working with financial institutions and loan
The first symposium will be held at the Hampton Inn in Las Vegas
on May 29. In the coming months, other symposia are planned for
Tampa, Detroit, Columbus, and Los Angeles.
For information on how to register and to view the complete
agenda, visit the FDIC's Web site at www.FDIC.gov/foreclosures.
There is no fee to register or to participate, but space is