Foreclosure Response

Suzanne Boas, president of the Consumer Credit Counseling Service of Greater Atlanta, talks about the changing nature of the organization's client demographics and the strategies CCCS is using to help homeowners across the nation avoid or recover from foreclosure.

K.C. Conway, subject matter expert with the Federal Reserve Bank of Atlanta, talks about how the foreclosure crisis has affected the appraisal industry and strategies for responding to rapidly changing housing markets.

John O'Callaghan, president and CEO of the Atlanta Neighborhood Development Partnership Inc., talks about ANDP's pilot program to test neighborhood stabilization strategies and how lessons from this program informed their Neighborhood Stabilization Program activities.

Tyler Van Gundy of the National Community Stabilization Trust (NCST) describes the intermediary lending products NCST has developed to support various Neighborhood Stabilization Program strategies.

Susan Adams, director of research, policy, and information at Atlanta Neighborhood Development Partnership Inc., talks about how foreclosures and tax assessment practices can have an inequitable impact on households.

Craig Nickerson of the National Community Stabilization Trust discusses what the trust has learned from partnering with many Neighborhood Stabilization Program grantees as they work to restore communities hit hardest by the foreclosure crisis.

Stephanie Rauterkus, a visiting scholar at the Atlanta Fed and an assistant professor at the University of Alabama—Birmingham, discusses the impact that foreclosures can have on the home values of the entire neighborhood.

Dan Immergluck, an associate professor of city and regional planning at the Georgia Institute of Technology, discusses how different metropolitan areas have been affected by bank-owned properties, what happens once these homes go into foreclosure, and what can be done to return these homes to productive use.

Karen Leone de Nie, research manager of Community Development at the Atlanta Fed, discusses how local governments in the Southeast are using the federal government's Neighborhood Stabilization Program, which has allocated nearly $6 billion to help struggling neighborhoods, to stabilize and recover communities that have been hit hard by foreclosures.

Dan Immergluck, an associate professor of city and regional planning at the Georgia Institute of Technology, discusses the likely implications of the future of housing markets as a result of the changes in the financial market over the past few years.