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INFORMATION 4 08-13-2012
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INFORMATION 4 08-13-2012
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7 <br /> ,', � - :4 Board of Directors <br /> y� , Officers <br /> President <br /> Michael Haley,Minnesota Housing <br /> 4,. , Vice President <br /> - opt , [ Vicki Shipley, US Bank <br /> Treasurer <br /> David Lindstrom,M&l BMO/Harris Bank <br /> Foreclosure Prevention: Secretary <br /> Helping homeowners weather the reality of David Eide, Western National Mutual Insurance Company <br /> today's home market Members <br /> he Center has been a leader in the State of Jill Aleshire, Thrivent Financial Bank <br /> TMinnesota's response to the current foreclosure Jerry Boardman,Fannie Mae* <br /> crisis and our foreclosure prevention services extend Marilyn Bruin, University of Minnesota <br /> throughout all 87 counties in the State. Homeownership Joe Collins,City of Saint Paul, Planning and <br /> Advisors that specialize in foreclosure prevention work Economic Development <br /> closely with clients,building trust as they assess each <br /> individual's situation and work with them to move Darielle Dannen,Metropolitan Consortium of <br /> forward. Community Developers <br /> In 2011,over 12,000 homeowners facing the threat of <br /> Jim Erchul,Dayton's Bluff Neighborhood Housing Services <br /> foreclosure were counseled within our Homeownership Tom Fulton,Family Housing Fund <br /> Advisors Network,and an industry-leading 60%avoided Muffle Gabler, Wells Fargo Bank <br /> foreclosure. Karen Gajeski, Bremer Bank <br /> ( Chris Galler,Minnesota Association of Realtors® <br /> 2011 highlights of foreclosure Jacqueline King,Federal Reserve Bank of Minneapolis <br /> prevention services: Repa Mekha,Nexus Community Partners <br /> • We developed industry partnerships with Fannie Robin Peterson, Coldwell Banker Burnet <br /> Mae and Wells Fargo(through a national partner, Elfric Porte, City of Minneapolis Community Planning <br /> the Housing Partnership Network).This created a and Economic Development <br /> clearly-defined and streamlined process for helping Jim Roth,Metropolitan Consortium of <br /> homeowners apply for loss mitigation,as well as Community Developers* <br /> a single point of contact for advisors for all Fannie <br /> Mae cases. It also added a diversified funding ! Jorge Saavedra,The Saavedra Law Firm PLLC* <br /> source to support our programming. E Bill Sarvela, TCF National Bank <br /> • We led a successful outreach campaign,call center Andy Schlack,Greater Minnesota Housing Fund <br /> and dedicated website to respond to inquiries about [ Todd Sipe, Thrivent Financial Bank* <br /> the Emergency Homeowner's Loan Program (EHLP). Mary Thompson,Headwaters Regional <br /> Applications were received from thousands of Development Commission <br /> Minnesota households. (Representing Minnesota Homeownership Center's Advisory Council) <br /> • We successfully raised over$6 million to preserve Joan Trahan, USDA Rural Development* <br /> network capacity during a gap in federal funding. Nicola Viana, Washington County HRA* <br /> • We received additional funding to support a Rapid (Representing Minnesota Homeownership Center's Advisory Council) <br /> Rehousing program,an innovative grant program Stephanie Vergin, USDA Rural Development <br /> to help households obtain long-term stable housing 1 Lowell Yost,Family Housing Fund* <br /> after experiencing foreclosure. 87%of households <br /> remained continually housed one year later. *Term ended March,2011 <br /> Minnesota Homeownership Center Anni,al Report 2011 <br />
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