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Indianapolis to Host Foreclosure Summit.
INDIANAPOLIS -- The Federal Reserve Bank of Chicago and Networks Financial Institute at Indiana State University are convening a "Solving the Foreclosure Crisis" conference here in August.
The financial forum is scheduled for Tuesday, Aug. 28, from 8 a.m. to 3 p.m. at the Crowne Plaza in Indianapolis.
Networks Financial Institute noted that foreclosure filings surged 90% in May of this year from a year earlier. May filings were also up 19% from the April rate.
"This ominous spike in foreclosures during a time of year that has traditionally been the busiest for home sales may be another sign that the housing sector's slide is not over and ...
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Source: HighBeam Research, Indianapolis to Host Foreclosure Summit.