WHEDA Executive Director to Keynote Foreclosure Conference

MILWAUKEE – The Wisconsin Housing and Economic Development Authority (WHEDA®), the Federal Reserve Bank of Chicago, and the University of Wisconsin Extension have joined forces to present a two-day conference on Wisconsin’s response to the foreclosure issues facing the state.


 


“An Informed Discussion of Nontraditional Mortgage Products & Escalating Foreclosures: Building an Effective Community Response for Wisconsin” will be held at the Country Springs Hotel, 2810 Golf Road, in Waukesha, beginning at 8:30 a.m. on Dec. 11 and 12.


 


WHEDA Executive Director Antonio Riley will give the keynote address at 12:00 p.m. on Tuesday, Dec. 11.  The address will focus on the state’s response to the rise in foreclosures, and provide local insight into the recent proposals made at the Federal level.


 


“This is a problem that is far-reaching, but there are many ways that we can start to address it,” said Riley. “We hope that what will come out of this conference is an understanding of all the resources that are available, so people from the banking industry, real estate professionals, government entities, and counselors all are able to play a significant role in responding to the rise in foreclosures.”


 


WHEDA formed a partnership with NeighborWorks America, Housing Resources Inc., NeighborWorks Green Bay, and the Housing Preservation Foundation to promote a national foreclosure assistance hotline – 1-888-995-HOPE.  The partnership also includes lenders and real estate professionals from across the state, all of whom are listed at www.WisconsinForeclosureResource.com.


 


Other speakers at the conference include Steven Kuehl from the Federal Reserve Bank, Gregory D. Squires from George Washington University, and Catey Doyle of the Legal Aid Society of Milwaukee.


 


A complete schedule of the conference is attached.


WHEDA is an independent state authority that works with lenders to provide low-cost financing for housing and small business development in Wisconsin.  For more information on WHEDA’s housing programs, call 1-800-334-6873 or visit WHEDA’s website www.wheda.com.