Weathering the Storm:Weathering the Storm:Stabilizing Communities in Stabilizing Communities in the Wake of Foreclosurethe Wake of Foreclosure

Photo slide showPhoto slide show

Symposium SummarySymposium Summary

NeighborWorks® America hosted a national NeighborWorks® America hosted a national symposium on neighborhood stabilization at symposium on neighborhood stabilization at its NeighborWorks Training Institute on May its NeighborWorks Training Institute on May 7, 2008. Speakers include Federal Reserve 7, 2008. Speakers include Federal Reserve Board Governor Randall S. Kroszner and Board Governor Randall S. Kroszner and FDIC Director Thomas J. Curry. The FDIC Director Thomas J. Curry. The symposium – “symposium – “Weathering the Storm: Weathering the Storm: Stabilizing Communities in the Wake of Stabilizing Communities in the Wake of ForeclosureForeclosure” – examined a range of issues ” – examined a range of issues affecting neighborhoods where homeowners affecting neighborhoods where homeowners are facing foreclosure. are facing foreclosure.

NeighborWorks COO Eileen Fitzgerald addresses participants at the symposium.NeighborWorks COO Eileen Fitzgerald addresses participants at the symposium.

Amy Klaben with Columbus Housing Partnership speaks during a panel discussion on challenges and Amy Klaben with Columbus Housing Partnership speaks during a panel discussion on challenges and

opportunities for communities with REO properties. opportunities for communities with REO properties.

Enterprise Community Partners CEO Doris Koo opens a panel discussion on the tightening of Enterprise Community Partners CEO Doris Koo opens a panel discussion on the tightening of

mortgage credit. mortgage credit.

Federal Reserve Board Governor Randall S. Kroszner announces a new partnership with Federal Reserve Board Governor Randall S. Kroszner announces a new partnership with NeighborWorks America to address neighborhood stabilization in areas impacted by NeighborWorks America to address neighborhood stabilization in areas impacted by

foreclosure. foreclosure.

Enterprise Community Partners CEO Doris Koo leads a panel discussion on the tightening of Enterprise Community Partners CEO Doris Koo leads a panel discussion on the tightening of mortgage credit. Lori Gay, executive director of Los Angeles Neighborhood Housing Servicesmortgage credit. Lori Gay, executive director of Los Angeles Neighborhood Housing Services

participated in the discussion. participated in the discussion.

At the podium is FDIC Director Thomas J. Curry, with panelist (l-r) Trenton City Mayor At the podium is FDIC Director Thomas J. Curry, with panelist (l-r) Trenton City Mayor Douglas Palmer; Ali Solis, Enterprise Community Partners; Jim Satterwhite, Chase; and Douglas Palmer; Ali Solis, Enterprise Community Partners; Jim Satterwhite, Chase; and

Amy Klaben, Columbus Housing Partnership. Amy Klaben, Columbus Housing Partnership.

Trenton City Mayor Douglas Palmer speaks during a panel discussion on challenges and Trenton City Mayor Douglas Palmer speaks during a panel discussion on challenges and opportunities for communities with REO properties. opportunities for communities with REO properties.

Panelists at the symposium take questions from the audience.Panelists at the symposium take questions from the audience.

Homeownership Program Assistant Keshea Dudley holds the mike as an audience member questions Homeownership Program Assistant Keshea Dudley holds the mike as an audience member questions the panel.the panel.

National Homeownership Programs Director Marietta Rodriguez addresses symposium participants.National Homeownership Programs Director Marietta Rodriguez addresses symposium participants.

Jim Satterwhite with Chase Bank speaks during a panel discussion on challenges and opportunities Jim Satterwhite with Chase Bank speaks during a panel discussion on challenges and opportunities for communities with REO properties.for communities with REO properties.

All participants received an attractive packet of materials.All participants received an attractive packet of materials.