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Foreclosures in Wisconsin: Responses and Resources for Living Beyond the Bubble

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November 5, 2009
Clarion Hotel and Conference Center
5311 S. Howell Avenue
Milwaukee, Wisconsin 53207
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Continental breakfast will be served outside Ballroom A and the opening Plenary Session will be held in Ballroom A
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| 7:30 a.m. |
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Registration and Continental Breakfast
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| 8:15 a.m. |
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Setting the Stage
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Steven Kuehl
(DOC, 25KB)
Consumer Regulations Director Federal Reserve Bank of Chicago
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| 8:30 a.m. |
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Opening Remarks
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Del Reynolds
(DOC, 24KB)
Director, Wisconsin Field Office U.S. Department of Housing and Urban Development
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| 8:45 a.m. |
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Making Home Affordable – Brief Summary and Update
The Making Home Affordable (MHA) Program is a comprehensive plan to stabilize the U.S. housing market. On March 4, the Administration published detailed program guidelines and authorized servicers to begin modifications and refinancings under the plan immediately. Servicers covering more than 75 percent of loans in the country have now begun modifications and refinancings under the Administration's MHA Program. Steve Schaffer will provide a brief summary and update on MHA's progress to date.
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| 9:15 a.m. |
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Panel Discussion - Challenges, Successes and Lessons Learned from Using the First Round of Neighborhood Stabilization Funds
The Neighborhood Stabilization Program (NSP), authorized under the Housing and Economic Recovery Act of 2008, provides emergency assistance to state and local governments to acquire and redevelop foreclosed properties that may otherwise become sources of blight. Panelists will discuss the latest developments and their impact on stemming rising foreclosures, steadying the current turmoil in housing markets, and improving foreclosure prevention.
Moderator and Discussant
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Suzanne M. Dennik
(DOC, 52KB)
Consumer and Housing Coordinator UW Cooperative Extension Milwaukee and Racine Counties Milwaukee Foreclosure Partnership Intiative Project Manager City of Milwaukee
Panelists
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Kate Blood
(DOC, 23KB)
Neighborhood Stabilization Program Wisconsin Department of Commerce Presentation (PPT, 444KB)
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Cindy Jenson
(DOC, 22KB)
Manager of Single Family Origination Wisconsin Housing and Economic Development Authority Presentation (PPT, 956KB)
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Maria Prioletta
(DOC, 23KB)
Redevelopment and Special Projects Manager Department of City Development, City of Milwaukee Presentation (PPT, 970KB)
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| 10:30 a.m. |
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Break and Networking
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| 10:45 a.m. |
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Panel Discussion - Court-Referred Foreclosure Mediation
Mediation alternatives in foreclosure proceedings have become an increasingly popular method for achieving a balanced outcome for both lenders and borrowers. This panel will explore the application of mediation in Wisconsin's court-based foreclosure process, including legal authority, assessment of need, elements of a successful program, and desired outcomes. The Milwaukee Foreclosure Mediation Program will be discussed in greater detail and panelists will explore this model's applicability in other Wisconsin jurisdictions.
Moderator
Panelists
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Lunch will be served in Ballroom B/C
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| 12:00 p.m. |
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Lunch and Luncheon Addresses
Introduction of Keynote Speaker
Steven Kuehl
Luncheon Addresses
Tom Barrett (DOC, 48KB)
Mayor
City of Milwaukee
Antonio Riley (DOC, 15KB)
Executive Director
Wisconsin Housing and Economic Development Authority
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| 1:00 p.m. |
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Break and Networking
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Afternoon Plenary Session will be held in Ballroom A
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| 1:15 p.m. |
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Perspective from the University of Wisconsin-Extension, Cooperative Extension (via pre-recorded message)
David Wilson
Chancellor
University of Wisconsin Colleges and the University of Wisconsin-Extension
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| 1:30 p.m. |
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Speaker's STOPP Foreclosure Taskforce
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Daniel Imhoff
Vice President
State Bank of Cross Plains
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| 2:00 p.m. |
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Panel Discussion - Social Impacts of Foreclosure
Behind each foreclosure is a family, or multiple families, whose lives will change. This panel focuses on what we know about the way that foreclosures impact families, neighborhoods, communities, crime, health, homelessness, and more. An in-depth view of the recent Protecting Tenants at Foreclosure Act of 2009 will be presented and panel members will provide suggestions on the need for additional research and how to address the crisis at the local level.
Moderator and Discussant
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Donna-Lou Hertz
(DOC, 23KB)
Homeless Coordinator U.S. Department of Housing and Urban Development
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Deborah Blanks
(PDF, 10KB)
Chief Executive Officer Social Development Commission
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David T. Rammler
(DOC, 23KB)
Director of Government Relations National Housing Law Project Presentation (PPT, 139KB)
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M William Sermons
(DOC, 14KB)
Director, Homelessness Research Institute National Alliance for Ending Homelessness Presentation (PPT, 1199KB)
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Robin E. Smith
(DOC, 42KB)
Research Associate, Metropolitan Housing and Communities The Urban Institute Presentation (PPT, 332KB)
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| 3:15 p.m. |
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Break and Networking
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| 3:30 p.m. |
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Panel Discussion - The Future of Housing Finance
This panel of national experts will discuss the current mortgage foreclosure crisis and its impact on the future of housing policy from the perspective of what will our "new normal" look like. As a panel, they will present for consideration, alternatives to current practices and will contemplate potential future policies aimed at preventing subsequent foreclosures.
Moderator
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Diane Schobert
(DOC, 24KB)
Business Development Officer Wisconsin Housing and Economic Development Authority
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Anthony Pennington-Cross
(DOC, 24KB)
Associate Professor Department of Finance Marquette University
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Sharon Price
(DOC, 14KB)
Director of Policy National Housing Conference
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Michael Brown
(DOC, 12KB)
Partner Burlington Associates in Community Development, LLC Presentation (PPT, 2455KB)
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| 4:45 p.m. |
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Closing Remarks and Adjourn
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Licensed attorneys please note: We are applying with the Supreme Court of Wisconsin, Board of Bar Examiners, for Continuing Legal Education credits for approval for the use toward the CLE requirement for portions of today's agenda. According to the Board, an approval decision is usually made within two weeks once our request has been submitted (however, during the CLE peak season of November through January, the approval process may take longer). In order to be notified about the availability of CLE credit, you must sign up at the registration desk. Upon notification from the Board, we will let you know their decision immediately via e-mail. Thank you.
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Last Updated: November 5, 2009
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