Save the date! Sept 8 at the Greater Miami Chamber of Commerce at the newly renovated Omni Mall. Learn about how to "Unstuck" the real estate liquidity bottleneck.

In this third installment of the series we will have Pedro J. Garcia who is the Property Appraiser for Miami-Dade County give perspective on the counties role and function on property value and what to expect at the municipal level. Mitchel Mestel who is a state certified Residential Real Estate Appraiser will shed light on the current appraisal climate and discuss how the industry has changed and where it is headed. Ana Cruz-Taura from the Federal Reserve Bank of Atlanta will give insight into the regulatory aspects of the banking industry and the steps the FED is currently taking. Todd Wheeler from the Home Financing Center will be on hand to discuss how current real estate buyers can be assisted taking into account the new HVCC rules, Appraisal standards and regulatory guidelines.

The event is Sponsored by Great Florida Bank and our parent company Sieckel LLC.

Hit the image below for the full invite and click here to go to the Chamber of Commerce Page to take part. Please hurry as these events tend to fill up quickly.

The Below videos have been removed from the server hosting them... We are in the process of requesting them as they still have value and meaning in this day and age (2018/2019).

Below is a brief description of the overall program and brief notes on the panelists and moderator. What follows will be the videos in chronological order

Description: The Greater Miami Chamber of Commerce held a workshop (Underwater 101 Real Estate Market Navigation) on Navigating the Housing Market on July 28, 2009 Foreclosures. Shortsales. Loan Modifications. What is the Impact? Learn about the recent local, state and federal programs such as the 11th Circuit Homestead Access to Mediation Program (CHMP) and Making Homes Affordable established to assist homeowners in their efforts to resolve the escalating real estate problems as well as what options and programs are available and their future implications. Speakers included: Judge Jennifer D. Bailey, Administrative Judge, Civil Division 11th Judicial Circuit Miami-Dade County Courthouse Ned Pope Director, Mortgage Foreclosure Mediation Program The Collins Center for Public Policy Arden Shank Executive Director & President Neighborhood Housing Services Ed Wilburn Managing Director Great Florida Bank Moderator - Adrian Diaz-Sieckel Managing Director, Broker, LCam for Sieckel LLC

In this first segment are introduced the panelists giving each member five minutes to tell us about what they in specific do and how it relates to the current lending and foreclosure crisis being faced in Miami-Dade County. The first panelist to speak is Judge Bailey.

In this second segment Arden Shank discusses his program and some of the issues that he faces when dealing with lenders and persons seeking loan modifications.

In this third segment Ed Wilburn from Great Florida Bank discusses mortgage lending and the current lending crisis offering both insight and perspective on the issues being faced by current borrowers.

The fourth segment covers Ned Pope and The Collins centers effort in mediation of the current lending crisis through the 11th judicial circuit.

In this fifth segment we get down to asking questions regarding absorption of the current foreclosure docket, ideal scenarios to clear it and manage it, costs to use mediation and counseling services and a few others.

Sixth segment and questions keep coming. First question is answered by Ed Wilburn discussing his banks perspective on the relationship between mortgage brokers and banks and the fallout rate for prospective persons looking for money to purchase a home. Discussion continues on how the face of defaulting owners has changed and the issue of promissory notes.

In this last segment we continue taking audience questions (unfortunately we ran out of time!) covering issues that cause case delays, sale dates, etc.