NFMC/PBT Hawaii Housing Finance and Development Corporation 2010 Honolulu, HI February 22 to February 26, 2010
This event is closed and is no longer accepting registrations
Thistrainingsession is onlyopentoinvitees of Hawaii Housing Finance and Development Corporation.
This is a restricted event, open only to those invited by Hawaii Housing Finance and Development Corporation and given a Invitation code.
To register for this event, you must first create an account for yourself in the system. If you already have a user name you must log in before you can register for the event. Accounts must be created for each person interested in attending the training.
For ALL questions about this event, including the Invitation code, please contact Janice Takahashi at janice.n.takahashi@hawaii.gov or via phone (808) 587-0639.
Location:
First Hawaiian Bank 999 Bishop Street 6th Floor, Po'okela Room Honolulu, HI 96813
This advanced level course is targeted for managers and other decision makers within the organization.
The class will examine best practices in foreclosure prevention and intervention from around the country that are making a difference in foreclosure rates. Participants will learn what's working and what's not so they can use that information to build the capacity of their own organization to deliver foreclosure services. Participants will also take a closer look at the servicer side of the foreclosure intervention process and how to build relationships with servicers that will make a difference for their clients. This course also satisfies Part II of the training requirements for the Foreclosure Intervention and Default Counseling Certification Part I program.
In today's real estate market borrowers who are interested in purchasing a home will likely consider the growing inventory of Real Estate Owned (REO) property. These properties may offer attractive pricing, but also present hidden challenges and pitfalls to potential buyers. Homeownership counselors, providing comprehensive individual counseling, can equip clients with timely information to make informed decisions and protect their future asset. Participants attending this course will learn:
Who is selling these properties (from nonprofits, municipalities, banks, etc.)
How to assist your client through careful analysis of the sales contract
How to engage home inspectors and avoid the pitfalls of purchasing "as is" properties
How to determine if special financing may be available for clients purchasing REO properties.
What are the counseling program details of HUD's Neighborhood Stabilization Program (NSP), and how to determine if this program can help meet the needs of your clients.
This course is recommended for those who have already completed HO345rq. This two day advanced class takes an in-depth look at how a finely tuned loss mitigation plan is presented to a servicer/investor and what negotiation and sales skills should be employed in order to achieve an outcome favorable to the client. This course features two days of role play, case studies, and negotiation tactics necessary to develop and a wide variety of foreclosure intervention plans. Whether or not you've had sales and/or negotiation experience in the past, this course will prepare you to overcome objections the servicer may have when presented with a loan modification request.
