The discussions will take place Aug. 23rd at the Richard Nixon Library in

 Yorba Linda in a forum moderated by Bruce Norris, a real estate investor,

                     educator and radio talk show host



    YORBA LINDA, Calif., Aug. 5 /EMWNews/ -- The nation's real estate

crisis is being exacerbated by government policies and lending restrictions

that limit investors' ability to purchase, sell and refinance properties

that have gone into foreclosure, according to Bruce Norris, a

Riverside-based real estate expert and radio talk show host, and President

of The Norris Group.



    "A record percentage of the nation's housing inventory is in

foreclosure," Norris said. "So why are most lenders limiting the number of

loans made to investors to only four houses? And why is the Federal Housing

Administration limiting its loans to owner occupants when investor groups

could immediately use these loans to acquire, repair and resell properties

that have been foreclosed on?"



    These are some of the questions that Norris will pose to some of

California's most prominent building, lending and real estate experts

during an Aug. 23rd charity event at the Richard Nixon Library in Yorba

Linda. The panelists include:






    -- Tommy Williams, President of the National Auctioneers Association.

    -- Richard Lambros, CEO of the Building Industry Association of Southern

       California.

    -- Rick Sharga, Vice President of Marketing for Irvine, Calif.-based

       RealtyTrac, the leading online marketplace for foreclosure properties.

    -- Joel Singer, Executive Vice President of the California Association of

       Realtors (CAR).

    -- Christopher Thornberg, Principle of Los Angeles-based Beacon Economics,

       a consulting firm specializing in analyses of real estate markets,

       economic development and policy issues. Thornberg was previously an

       economist with UCLA's Anderson Forecast.

    -- Annemaria Allen, co-founder of The Compliance Group, Inc. of San

       Marcos, Calif., a nationwide expert in state and federal mortgage

       lending laws.

    -- Philip X. Tirone, a nationally known mortgage broker and best selling

       author whose books include "7 Steps to a 720 Credit Score."



    Norris, a real estate consultant, investor and educator who correctly

predicted the current sub-prime lending and foreclosure crisis three years

ago, will moderate the discussion.



    "Our hope is that these panelists will stimulate the kind of innovative

thinking that's needed to help lenders and government regulators ease the

nation's foreclosure crisis," said Norris, who regularly interviews

lenders, economists, builders and other housing experts on his weekly real

estate radio talk show, which airs at 6 p.m. Saturdays on KTIE 590 AM in

the Inland Empire.



    Net proceeds from the Aug. 23rd event will be donated to the Orange

County affiliate of Susan G. Komen for the Cure, the world's largest

grassroots organization dedicated to finding a cure for breast cancer.



    The event has more than 20 sponsors, including creative agency Frye

Wiles, the San Diego Creative Investors Association, Investors Workshops of

Orange County, MVT Productions, White House Catering, the Chicago Bulls,

the Denver Nuggets, and the Cleveland Cavaliers. Another sponsor, Proxibid,

will air the event nationally through its online auction platform at

http://www.proxibid.com.



    For tickets and other information involving the Aug. 23 event, please

visit http://www.isurvived2008.com.