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Closing The Racial Wealth Gap with Housing: Loan acquisitions to create and/or preserve affordable housing

Tue, Nov 16, 2021 · 12:30 PM · Eastern Time (US & Canada)
About This Webinar

Hogar Hispano, Inc. and a group of industry professionals will discuss the value of acquiring distressed mortgages and how to develop working partnerships to deliver and preserve quality affordable housing.

Moderators: Sennai Cham, Senior Financial Analyst in the Office of Asset Sales,HUD

Speakers: Marcos Morales, Hogar Hispano, Inc. - "The Critical Role of a Non-Profit in Capital Arrangements to invest in the future of Housing"
Lot Diaz, UnidosUS - " The Importance of Housing Counseling Services in the Loan Space”
Keffer Norris -President, NorrisRefc Inc. "The How and Why of HECM Acquisitions and Disposition from a capital Partners perspective"
Wade Carroll- Anders Capital

Who can view: Everyone
Webinar Price: Free
Featured Presenters
Webinar hosting presenter
Senior Financial Analyst, Department of HUD: FHA
Sennai is a graduate of Howard University's School of Business, with a B.B.A in International Business. As a Senior Financial Analyst in the Office of Asset Sales at HUD, Sennai’s main task includes executing complex non-performing loan transactions. These sales include residential loans and reverse mortgage loans totaling approximately $17 billion in unpaid principal balance. As such, Sennai has a wealth of knowledge in the areas of loss mitigation, due diligence analysis, asset valuation, pooling strategy, FHA claims/settlement, repurchases and negotiation. Sennai has held leadership positions in the compliance, risk and policies and procedures related spaces at HUD. During his 7 years in the mortgage world, Sennai has participated in all aspects of non-performing FHA loan sales collaborating with internal and external parties to maximize returns and close transactions. Ultimately, Sennai is passionate about the role our industry plays in improving people's lives and about helping mortgage professionals fulfill their potential.
Webinar hosting presenter
(Executive Director, Hogar Hispano, Inc)
Webinar hosting presenter
President, Norris Refc, Inc.
Since 2001, Mr. Norris has been actively involved in the field of real estate investing, lending, overseeing acquisitions, dispositions, underwriting, servicing, loan production, foreclosures, and REO disposition. Since 2008 Mr. Norris, through various affiliate companies and managed funds, has acquired, managed, serviced and or disposed of residential NPL and REO assets worth more than $800 million throughout the United States.
Prior to focusing on the NPL market Mr. Norris was a partner in a boutique California hard money company where he was responsible for originating and or managing more than $300 million in private commercial loans. Mr. Norris spent six years in the U.S. Marine Corps Reserve, receiving multiple commendations and achieving the rank of Sargent. He received his BA as well as an MBA from Southern Illinois at Carbondale.
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