“Housing Policy: Who Pays, Who Plays, Who Wins?”
June 9-10, 2010
Cleveland, Ohio 

Thursday, June 10, 2010

Welcoming Remarks

Ruth Clevenger, Vice President & Community Affairs Officer, Federal Reserve Bank of Cleveland
|Bio|

Opening Plenary: Time for a Shift in U.S. Housing Policy Architecture?

Moderator
William Apgar, Department of Housing and Urban Development (HUD)
|Bio| |Audio Presentation|

Panelists
Virginie Traclet, Bank of Canada
|Bio| |Presentation|

Andrew Caplin, New York University
|Bio| |Presentation|

Sarah Rosen Wartell, Center for American Progress
|Bio| |Presentation|

Concurrent Panels

Research Track: Emerging Strategies and Challenges in Neighborhood Stabilization*

Moderator
Emre Ergungor, Federal Reserve Bank of Cleveland
|Bio|

Panelists
Michael Johnson and David Turcotte, University of Massachusetts
Foreclosed Housing Acquisition and Redevelopment using Decision Modeling
|Bio: Johnson|   |Bio: Turcotte|   |Presentation|
 

Dan Hartley, The Federal Reserve Bank of Cleveland
The Effect of Foreclosures on Owner-Occupied Housing Prices: Supply or Dis-Amenity?
|Bio|   |Presentation| |Paper|
 

Kristen Crossney, West Chester University
Neighborhoods in Decline: The Link between High Cost Lending and Housing Abandonment
|Bio|   |Presentation|

*Changes to note:
Panelist Steve Swidler was unable to attend; the moderator shared an abstract of his paper, An Empirical Analysis of Residential Property Flipping, with the audience.
In addition, Daniel Hartley from the Federal Reserve Bank of Cleveland joined the panel and presented his recent paper, The Effect of Foreclosures on Owner-Occupied Housing Prices: Supply or Dis-Amenity?

Community Development Track: Challenges and Opportunities in Community Development Finance

Moderator
David Erickson, Federal Reserve Bank of San Francisco
|Bio| |Presentation|

Panelists
Nancy Andrews, Low Income Investment Fund
|Bio|

Buzz Roberts, Local Initiatives Support Coporation (LISC)
|Bio|

Research Track: Borrowers in Distress and Lessons Learned

Moderator
Dan Hartley, Federal Reserve Bank of Cleveland
|Bio|

Panelists
Michael Gedal, The Furman Center at New York University
Mortgage Default Risk: Recent Evidence from New York City
|Bio|   |Presentation| |Paper|

Francisca G.-C. Richter, Federal Reserve Bank of Cleveland
Lending Patterns in Poor Neighborhoods
|Bio|   | |Presentation| |Paper|

Itzhak Ben-David, Ohio State University
Do Financial Counseling Mandates Improve Mortgage Choice and Performance? Evidence from a Legislative Experiment
|Bio|   |Presentation| |Paper|

Community Development Track: Examining the CRA's Influence within U.S. Housing Policy

Moderator
Allen Fishbein, Board of Governors of the Federal Reserve System
|Bio|

Panelists
Robert W. Mooney, FDIC
|Bio|

Judith Kennedy, The National Association of Affordable Housing Lenders
|Bio|

Kristin Siglin, Enterprise Community Partners
|Bio|

Community Development Track: Loan Modifications: What's Working and What's Not?

Moderator
Marietta Rodriguez, NeighborWorks America
|Bio|

Panelists
Andrew Caplin, New York University
|Bio| |Presentation|

Tom Heinemann, U.S. Treasury Homeownership Preservation Office
|Bio|

Mary Townley, Michigan State Housing Development Authority
|Bio| |Presentation|

Paul Willen, Federal Reserve Bank of Boston
|Bio| |Presentation|

Thursday, June 10, 2010

Closing Plenary: The Financing Players in Housing Policy

Moderator
Jay Brinkmann, Mortgage Bankers Association
|Bio|

Panelists
Andrew Jakabovics, Center for American Progress
|Bio|

Patrick Lawler, Federal Housing Finance Agency (FHFA)
|Bio| |Presentation|

Wayne Passmore, Board of Governors of the Federal Reserve System
|Bio| |Presentation|

Anthony B. Sanders, George Mason University
|Bio| |Presentation|

Research Track: Rethinking Asset Accumulation in the Wake of the Housing Crisis

Moderator
Emre Ergungor, Federal Reserve Bank of Cleveland
|Bio|

Panelists
Michal Grinstein-Weiss, University of North Carolina
|Bio| |Presentation|

Andrey Pavlov, University of Pennsylvania
|Bio| |Presentation|

Thomas Shapiro, Brandeis University
|Bio|

Research Track: Government Financing of Mortgages During the Credit Crisis

Moderator
Yuliya Demyanyk, Federal Reserve Bank of Cleveland
|Bio|

Panelists
Diana Hancock,  Board of Governors of the Federal Reserve System
The Federal Home Loan Banks and their Role in Mortgage Finance
|Bio|  |Presentation|

Andreas Lehnert, Board of Governors of the Federal Reserve System
HAMP and other Mortgage Initiatives: What Makes Mortgage Modification so Difficult?
|Bio| |Presentation|

Shane Sherlund, Board of Governors of the Federal Reserve System
Whose Mortgage is Underwater?
|Bio|  |Presentation|

Community Development Track: Purpose and Structure of the GSEs: Then, Now, and Beyond

Moderator
Mark McDermott, Enterprise Community Partners
|Bio|

Panelists
Alex Pollock, American Enterprise Institute
|Bio|

Preston Lee, Freddie Mac
|Bio|

Cynthia Flaherty, Ohio Housing Finance Agency
|Bio|

Lunch & Closing Keynote

David Wessel, Wall Street Journal
|Bio| |Audio|