Home Ownership Preservation Initiative Annual Meeting

Hosted by Neighborhood Housing Services of Chicago
 
MAKING HOME AFFORDABLE:  WORKING TOGETHER FOR SUCCESS

9:30 am-10:00 am    Sign-in and Coffee

10:00am-10:20 am    Welcome and Opening Remarks
            Charles Evans, President and CEO, Federal Reserve Bank of Chicago
            Kenneth D. Wade, CEO, NeighborWorks America
            The Honorable Richard M. Daley, Mayor, City of Chicago
U.S. Senator Richard J. Durbin (Invited)
Bruce A. Gottschall, Executive Director, NHS of Chicago
           
10:20 am -10:30 am    Keynote Address:  TBA
Framing the Issues around HAMP:  Where we stand, progress being made, and new guidance aimed at expanding tools and increasing scope of program
 
Panel 1
10:30am-11:45 pm    Challenges:  NPV Assumptions, Second Liens, and Investors
Moderated by:  Dane D'Alessandro, Freddie Mac
               
·    Administering Program Guidelines
Alanna Scott, Fannie Mae

·    Demystifying NPV Calculations
John Worth, U.S. Department of the Treasury (Pending Confirmation)

·    Redefault, Foreclosure Losses, and Principal Reduction
Professor Alan White, Valparaiso University School of Law

·    Investor Role in Executing HAMP
Tom Deutsch, American Securitization Forum

·    Dealing with Second Liens
Shane Ross, Litton Loan Servicing (Pending Confirmation)

11:45-12:00         Break   

12:00-1:00         Lunch and Lunchtime Presentation (Research on Borrower Behavior)
Professor Michael J. Collins, University of Wisconsin-Madison Department of Consumer Science
 
Panel 2
1:05 -2:05 pm    Practical Solutions:  Effective Implementation and Increasing Scope of Program
Moderated by:  Tom Heinemann, U.S. Department of the Treasury

·    Efforts Towards Effective Implementation on the Ground
Christina Diaz-Malone, Freddie Mac
           
·    Systems Improvements in Loan Servicing
Bonnie Boards, JP Morgan Chase
Jamie Holland, Ocwen

·    Housing Counseling Adding Value To Both Borrowers and Servicers
Michael van Zalingen, NHS of Chicago

·    Standardizing and Streamlining the Application Process
Faith Schwartz, HOPE NOW
 
Panel 3
1:05 -2:05 pm    Practical Solutions:  Effective Implementation and Increasing Scope of Program
Moderated by:  Tom Heinemann, U.S. Department of the Treasury

·    Efforts Towards Effective Implementation on the Ground
Christina Diaz-Malone, Freddie Mac
           
·    Systems Improvements in Loan Servicing
Bonnie Boards, JP Morgan Chase
Jamie Holland, Ocwen

·    Housing Counseling Adding Value To Both Borrowers and Servicers
Michael van Zalingen, NHS of Chicago

·    Standardizing and Streamlining the Application Process
Faith Schwartz, HOPE NOW

Please contact Pat Washington at  pwashington@nhschicago.org, or  (773) 329-4136 to attend.  We look forward to a productive session and hope
you can participate!