George Burgan
Atlanta Neighborhood Development Partnership
gburgan@andpi.org
404-420-1583
The Role of Single-Family Mortgage Finance in
Stabilizing Metro Neighborhoods
9:00 a.m. - Registration
9:30 a.m. - Welcome
Bill Bolling, Atlanta Community Food Bank
9:45 a.m. - The Role of Single-Family Mortgage Finance in Stabilizing Metro Neighborhoods
Successful recovery in neighborhoods struggling with foreclosures and vacant homes is dependent on the availability of single-family mortgage financing. But the current credit market (tightened credit standards, higher mortgage insurance costs, and limited purchase/rehab loan products) is leaving prospective homeowners on the sidelines.
With limited NSP funds and credit for rehabilitation limited, investment activity appears dominated by cash-purchases. What financing products are needed to ensure that struggling neighborhoods are not overrun by absentee landlords and vacant, blighted homes?
Our panelists will provide a response from the lending community, focusing on the current state of single-family credit availability in our communities, particularly those most impacted by foreclosures and vacancies.
Moderator:
Bill Bolling
Panelists:
Jeanne Goldie, Wells Fargo
Brigitte M. Killings, Bank of America
Catherine Lasher, Fannie Mae
Dan Rogers, HUD Atlanta Homeownership Center
11:45 a.m. - Adjourn
REMINDER: As always, there is no fee to attend the Atlanta Regional Housing Forum, but registration is requested. Please remember to bring non-perishable foods for donation to the Atlanta Community Food Bank!
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