Helping "Boomerang" Buyers get back into the market
What's a Boomerang Buyer? There are millions of people out there who lost their homes and possibly good credit standing during the Great Recession. Now, as the nation's economic picture improves, they are looking to get back into homeownership. While they may be ready to buy, is the market ready for them? That's where you come in, and IAR is here to help you understand and assist these buyers back into safe and sustainable homeownership.
The Third Annual Illinois Housing Leaders Conference will be held Monday, March 31, as a kickoff to IAR's Capitol Conference and Lobby Day.
Pre-registration closed March 19. Walk-ins will be accepted on a space-available basis
|11:00 - 11:30 a.m.||Registration||Mezzanine Desk, Hilton|| |
|11:30 - 12:30 p.m.||Opening Panel ||Capitol/Illinois Rooms, Hilton|| |
|12:30 - 1:00 p.m.||Lunch (provided)||Capitol/Illinois Rooms, Hilton|| |
|1:00 - 1:45 p.m.||Keynote Session: Shari Olefson||Capitol/Illinois Rooms, Hilton|| |
|1:45 - 2:00 p.m.||Break|| || |
|2:00 - 5:30 p.m.||CE Session with Lynn Madison ||Prairie Room, Hilton|| |
|6:00 - 7:30 p.m.||Reception||Executive Mansion|| |
Keynote: Shari Olefson, Director of the Carnegie Group and author of "Financial Fresh Start."
The Carnegie Group is a think tank dedicated to connecting passionate industry, government and media leaders on a platform that makes a difference for Americans. Olefson is a lawyer, and Mediator and a member of the Florida, District of Columbia, and New York Bars. She consults for the nation’s leading lenders, brokers, trade associations, government agencies and corporations. In her newest book, Financial Fresh Start, she demystifies the new rules and reforms enacted in the wake of the Great Recession. Her previous books include Foreclosure Nation: Mortgaging the American Dream, Structuring Commercial Real Estate Transactions, Foreclosures Defense Strategies and Foreclosures: What Lawyers Need to Know Now. You’ve probably seen her quoted in publications, or regularly appearing as an analyst on CNN, CNBC, FOX, PBS, MSNBC, and CBS.
Opening Panel: Understanding the Challenges Facing Boomerang Buyers
Many Americans want to get back into homeownership. The problem is that the way back to sharing in a part of the American Dream can be difficult as those who found themselves in distressed sale situations during the Great Recession seek the financing they need for a new home. This panel consists of a state housing official, a credit reporting association and a top official at one of the Midwest's largest mortgage bankers. They will discuss the current envronment, challenges and future for "Boomerang Buyers". As leaders n their respective fields, the panelists are at the forefront of policy- an business-related aspects of this portion of the housing marketplace. On the panel are:
- Bernie Miller, Executive Vice President at The Federal Savings Bank
- Mary R. Kenney, Executive Director of the Illinois Housing Development Authority
- Terry Clemans, Executive Director of the National Consumer Reporting Association
Plus: Get CE while you're at the conference!
Nationally recognized real estate trainer Lynn Madison will teach a three-hour elective CE course that will expose you to the skills to work with this segment of the market. Madison is the owner of Lynn Madison Seminars, a full-service training and development company devoted to the advancement of professionalism in real estate. Lynn has been a speaker at the NAR convention for over a decade and has spoken to REALTORS® in over 30 states.
FI 1173 - FINANCING: Unconventional is Becoming Conventional (3 hours Elective CE)
Financing the home purchase today is not the same as in the past. Buyers have financial issues related to previous distressed property issues and the banks have tightened up their qualifying criteria. Now more than ever, agents need to know how to assist their clients in looking to alternative financing venues when the tried and true conventional mortgage will not fit.
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700 East Adams
$104-$118 + tax
March 10, 2014
Group Code: REAL
Individual must cancel 14 days prior to arrival to avoid a one-night's room and tax cancellation fee.
Reservations by phone: