PrintFederal Reserve System Conference on Housing and Mortgage Markets
Schedule of Events
| Thursday December 4 | |
| 8:00 a.m. | Continental Breakfast |
| 8:30 a.m. | Welcome and Introductions Edward S. Prescott (Federal Reserve Bank of Richmond) |
| 8:45 a.m. | "Consumption and Savings of First Time House Owners: How Do They Deal with Adverse Income Shocks? " Joao Ejarque (University of Essex), Soren Leth-Petersen (University of Copenhagen) Discussant: Christopher D. Carroll (John Hopkins) |
| 9: 45 a.m. | "Subprime Mortgages " John Krainer (SF Fed), Stephen F. LeRoy (UC Santa Barbara), Myunpung O (UC Santa Barbara) Discussant: Paul S. Willen (Federal Reserve Bank of Boston) |
| 10:45 a.m. | Break |
| 11:15 a.m. | Chairman Ben S. Bernanke: Key Note Remarks |
| Noon | Lunch |
| 1:00 p.m. |
"Stochastic House Appreciation and Optimal Mortgage Lending " |
| 2:00 p.m. | "Lending in Low-and Moderate-Income Neighborhoods in California: The Performance of CRA Lending During the Subprime Meltdown " Carolina Reid (SF Fed), Elizabeth Laderman (SF Fed) Discussant: Karen E. Pence (Federal Reserve Board) |
| 3:00 p.m. | Break |
| 3:30 p.m. |
"Forced Sales and House Prices" |
| 4:30 p.m. | Panel Discussion Rod Dubitsky (Credit Suisse), Karl E. Case (Wellesley), Governor Randall S. Kroszner, Christopher J. Mayer (Columbia) Moderator: J. Nellie Liang (Federal Reserve Board) |
| 6:00 p.m. | Reception |
Friday December 5
| 8:00 a.m. | Continental Breakfast |
| 8:30 a.m. |
"Interest Rate Fluctuations and Equilibrium in the Housing Market " |
| 9:30 a.m. | "Household Expenditures, Wages, Rents " Morris A. Davis (Wisconsin), Francois Ortalo-Magne (Wisconsin) Discussant: Erik Hurst (University of Chicago) |
| 10:30 a.m. | Break |
| 11:00 a.m. |
"State Mortgage Foreclosure Policies and Counseling Interventions: Impacts on Borrower Behavior in Default " |
| Noon | Buffet Lunch |
