Fed, FDIC To Host Mortgage Symposium

The Federal Reserve System and the Federal Deposit Insurance Corp. (FDIC) are co-hosting a two-day mortgage symposium Oct. 25 and 26 in Arlington, Va.

The conference, which has no registration fee but limited seating, will emphasize foreclosures and the future of housing finance.

Regulators will evaluate the current foreclosure situation, emphasizing the adverse neighborhood spillover effects and evaluations of efforts to mitigate foreclosures, including loan modification efforts.

The regulators' discussion of broader housing finance will include an evaluation of the mortgage interest tax deduction, affordable-housing issues, the future role of government-sponsored enterprises, the future of private-label mortgage securitization, the viability and role of private mortgage insurance, and the role of the Community Reinvestment Act.

The deadline to register, which can be done online, is Oct. 18.

SOURCE: Chicago Federal Reserve


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