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FDIC and Fed Announce Future of Housing Finance Event

The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve System announced a an event to discuss mortgages and the future of housing finance on October 25 and 26, 2010.

The two day event will include opening remarks from the Federal Reserve Board Chairman Ben Bernanke and FDIC Chairman Sheila Bair will be the keynote luncheon speaker.

“The housing sector, one of the main engines of our economy, has seen positive signs, but there are many hurdles yet to overcome. It is very clear that as a country we need to aggressively examine the incentives of our system of mortgage finance to ensure that the problems that contributed to the financial crisis are addressed,” said Bair in a statement.  “It will be difficult to restore stability and normalcy to the housing finance system – and thus the broader economy – without reform. Over the next two days we will hear from experts across the housing spectrum to help identify solutions to these vital issues.”

According to the FDIC, experts from the public, private and academic sectors will participate in the symposium to discuss mortgage finance, foreclosures, loan modifications, and securitizations. Chairman Bernanke’s opening remarks and Chairman Bair’s luncheon address will be streamed online here.

To view the full agenda, see here.

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