2010 FORECLOSURE INTERVENTION TRAINING
FEBRUARY 8-11, SAN ANTONIO, TX
Texas Statewide Homebuyer Education Program (TSHEP)
Training Opportunities
SAN ANTONIO, TEXAS
Crowne Plaza Hotel
111 Pecan Street East
San Antonio, TX 78205
Attend a week’s worth of valuable training to build and strengthen your foreclosure intervention and default counseling program. The following courses will be offered:
HO109 Foreclosure Basics: February 8 – February 9. This two day course is for those individuals that have taken HO250(rq) Homeownership Counseling Certification: Principles, Practices & Techniques and need part II to complete the certification process.
HO321 Developing Effective Loss Mitigation Negotiation and Sales Skills: February 10 – February 11. This two day course is recommended for those who have already completed HO345 (rq). The course will prepare you to overcome objections the servicer may have when presented with a loan modification requests.
- To register for the event visit NeighborWorks web site at http://nw5.org/training/.
- First time users will need to create an account and enter contact information.
- To register for the upcoming workshop the invitation code is NPBT02TX10.
- Deadline to register is Friday, January 29, 2010.
These courses are offered as part of the National Foreclosure Mitigation Counseling Program (NFMC), administered by NeighborWorks® America through the NeighborWorks® Center for Homeownership Education and Counseling (NCHEC) and co-sponsored by The Texas Department of Housing and Community Affairs.
For questions about the upcoming training, please contact Dina Gonzalez at 512-475-3993 or via e-mail to dina.gonzalez@tdhca.state.tx.us.
Publications
The State of Housing Counseling, HUD USER News
A recently completed study commissioned by HUD’s Office of Policy Development and Research, The State of the Housing Counseling Industry: 2008 Report, is now available. This study explores the types of education and counseling services provided by housing counseling agencies. It reviews how these organizations work with intermediaries and state housing finance agencies, the funding sources and costs of housing counseling, the characteristics of clients and their housing counselors, and client outcomes. Challenges the housing counseling industry faces and how HUD can best support quality housing education and counseling are also discussed. Those interested in the complete report can download it from HUD USER, free of charge, at www.huduser.org/publications/affhsg/hsg_counseling.html.
The editors of The Community Investment Network (“CIN”) have created a special section on the financial crisis to help community leaders navigate the various mortgage assistance programs that are emerging. You can find this new on-line resource at: http://www.communityinvestmentnetwork.org/special-sections/spotlight-on-subprime-mortgage-issues/
“Spotlight on the Mortgage Crisis” – “Home Mortgage Assistance Programs” features:
Bank Mortgage Assistance Programs (direct links to individual banks)
Other Mortgage Assistance Programs (such as Fannie Mae and Freddie Mac)
Federal Reserve Foreclosure Resources (New England Fed, Philadelphia Fed)
Federal Deposit Insurance Corporation assistance
The NCRC’s “HELP Now” program.
There daily updates on Actions in the Congress; National Community Reinvestment Coalition activities; Commentary; Research and Insights; and Subprime in the News. Lenders, community advocates, and others are invited to forward information on other mortgage assistance programs to: news@communityinivestmentnetwork.org
Fannie Mae to Reinstate Homebuyer Education and Counseling WASHINGTON, DC — Fannie Mae (FNM/NYSE) announced that it will reinstate a requirement for homeownership counseling and education for first-time homebuyers obtaining a MyCommunityMortgage® loan or a loan that relies on nontraditional credit to qualify. Effective January 1, 2009, the requirement is geared toward helping borrowers better assess their options and responsibilities both before and after they purchase a home.
“High quality counseling provides the first-time homebuyer in particular with reliable information and the resources necessary to make the kind of informed decisions that ultimately lead to sustainable homeownership,” said Herb Allison, President and CEO, Fannie Mae. “In this extraordinary market, we think it is critical to reinstate this requirement and to work with counseling agencies and our lender partners to help homeowners succeed.” more
“Community Response to the Foreclosure Crisis: Thoughts on Local
Interventions” aims to lay out the range of responses to the foreclosure
crisis in which local government and nonprofits have been engaged
recently. It provides a scheme for thinking about local responses to the
crisis and the actors and organizations involved. It is by no means
exhaustive, but draws on many examples from around the country. It looks
at responses in terms of foreclosure prevention, short-term mitigation
of negative impacts, and neighborhood/property and household recovery
issues. The paper is at http://www.frbatlanta.org/comm_affairs/dp_index.cfm
Additional Resources
Frequently Asked Questions About Foreclosure – Expanded - for Advocates
Frequently Asked Questions About Foreclosure – General - for Advocates
Residential Foreclosures in Texas – Overview
Federal Reserve Bank of Dallas Foreclosure Resource Center has information for Consumers, details on Events and Conferences, News, Research Publications, Community Resources, Foreclosure Maps, and Policy and Regulations
