The Department of Housing and Urban Development will sponsor a homeownership "security" conference May 14 offering industry officials advice on working with troubled borrowers who might be in danger of foreclosure.Speakers include: Richard Price, vice president of subprime servicer EMC Mortgage; Robin Stout Magala, senior delinquency resolution manager for Freddie Mac; and Federal Housing Commissioner Brian Montgomery, among others. (EMC is owned by Wall Street firm Bear Stearns & Co., which has been enforcing buyback agreements on lenders.) The conference, which starts at 9 a.m., will be held in Washington.
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