Greater Minnesota
Foreclosure Prevention Summit

Foreclosure Crisis in Greater Minnesota:
Latest Foreclosure Trends & Best Prevention Strategies

On June 15, 2007, Greater Minnesota Housing Fund (GMHF) convened a summit of key housing and community leaders to examine the latest statewide data on the foreclosure crises in Minnesota. The agenda included:

  • Newest foreclosure data for 80 Greater Minnesota counties: Findings & Analysis
    --Colleen O'Brien, Housing Link
    (download presentation .pdf)
  • Existing foreclosure prevention capacity in Greater Minnesota
    --Dana Snell, Minnesota Home Ownership Center (download presentation .pdf)
  • Lender industry strategies to address rising foreclosures
    --Muffie Gabler, Wells Fargo
    (download presentation .pdf)
  • Key strategies from the Foreclosure Prevention Funders Council
    --Melissa Manderschied, Kennedy and Graven (download presentation .pdf)
  • 2007 legislative action on predatory lending and foreclosure prevention
    --Mike Haley, Minnesota Housing Finance Agency
  • Roundtable Discussion: Development of enhanced foreclosure prevention strategies and coordinated responses

Study Report
Download the Full Report (.pdf)

Media Relations Contact:
Warren Hanson
651.221.1997 x.107
800.277.2258 x.107
whanson@gmhf.com

Study Data
If you are a non-profit housing organization, city official or academic researcher interested in obtaining detailed property-level data compiled for analysis (only available for certain Minnesota Counties) please contact:

Andrew Schlack
Greater Minnesota Housing Fund
651.221.1997 x.106
800.277.2258 x.106
aschlack@gmhf.com

State-Wide Response Strategies
For more information on the foreclosure crisis in greater Minnesota and resources to help families and communities, contact:

Stephanie Vergin
Greater Minnesota Housing Fund
651.221.1997 x.104
800.277.2258 x.104
svergin@gmhf.com

Resources for Homeowners
If you are a homeowner facing foreclosure, contact the Home Ownership Center, a state-wide non-profit housing assistance and counseling provider, for a qualified counselor in your area.

TOP

Related Links

Foreclosure Crisis
Summit II
: "Implementing Solutions to Minnesota’s Foreclosure Crisis"

Tues., April 29, 2008
10:00 AM to 2:00 PM
Saint Cloud
Civic Center
Click here to
Register

 

Download both Greater Minnesota Housing Fund foreclosure report studies (July, 2007 & October, 2007) Foreclosures in Greater Minnesota: A Report Based on County Sheriff’s Sale Data (.pdf)

Foreclosure Prevention Summit Press Release (.pdf)

Staff Contacts

Media Relations
Warren Hanson, President
651.221.1997 x.107
800.277.2258 x.107
whanson@gmhf.com

Response Strategies
Stephanie Vergin

651.221.1997 x.104
800.277.2258 x.104
svergin@gmhf.com

Study Data
Andrew Schlack
651.221.1997 x.106
800.277.2258 x.106
aschlack@gmhf.com