Regional Leaders to Address Housing Foreclosure, Release Study Detailing Region's Growing Crisis in 2008

WASHINGTON, June 18  /PRNewswire/ -- 

  WHAT:   At "The Foreclosure Crisis - A Regional Perspective," regional
          leaders will analyze the growing number of housing foreclosures in
          metropolitan Washington.  They will examine data on foreclosures
          by the Center for Regional Analysis at George Mason University and
          share best practices and solutions that are working to help
          families.

  WHO:    Michael Knapp, COG Board Chair; President Montgomery County
          Council; Hollis McLoughlin, Senior Vice President, External
          Relations and Chief of Staff, Freddie Mac; representatives from
          mortgage lenders, foreclosure consultants, nonprofit
          organizations, local government housing departments

  WHEN:   8:30 A.M. -- 3:45 P.M.
          Thursday, June 19

  WHERE:  Marriott Wardman Park Hotel
          2660 Woodley Road, NW
          Washington, DC 20008
          Metrorail Red Line: Woodley Park Zoo/Adams Morgan

  Background:


As the entire country struggles with the housing foreclosure crisis, the problem in metropolitan Washington has grown more serious in recent months. A study by George Mason University's Center for Regional Analysis will detail the problem at this summit hosted by COG and sponsored by Freddie Mac. Regional leaders representing public officials, the housing industry and nonprofit organizations will discuss ways to provide a safety net for affected families. A report on the role of nonprofits serving those affected by the crisis, "You Have 10 Days to Move Out," will be released at the conference by the Nonprofit Roundtable of Greater Washington.

COG is the association of 21 local governments working together for a better metropolitan region. 

DATASOURCE: COG and Freddie Mac



CONTACT:  Jeanne Saddler of COG, [phone]



Web site:  http://www.freddiemac.com/

http://www.mwcog.org/ 

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