| For Additional Information contact an officer. President: Kathryn Greiner, AFC Director of Credit Education University of Michigan Credit Union 305 E. Eisenhower, Suite 200 Ann Arbor, MI 48108 (734) 662-8200 XT 2741 kathryng@umcu.org Secretary: Mary Hoegler Ann Arbor Financial Services P.O. Box 1806 Ann Arbor, MI 48106 (800) 432-7079 hhoegler@aol.com Treasurer: Noelle Grigg Michigan Commerce Bank Vice President – Business 2950 S. State Street Ann Arbor, MI 48104 (734) 887-3290 noelle.grigg@michigancommercebank.com Immediate Past President: Bonnie Milkey-Riggs Atwell-Hicks bmilkey-riggs@atwell-hicks.com Phone: 734.786.7184 Fax: 734.994.1590 |
CREDIT PROFESSIONALS OF ANN ARBOR
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| Print Meeting Announcement |
CREDIT PROFESSIONALS OF ANN ARBOR
| Invites you to join us at our lunch meeting on: Join a Discussion on Loss Mitigation Strategies Performance on home mortgages declined for the seventh consecutive quarter and servicers predict that foreclosures will increase in the coming quarters as alternatives are exhausted. Nationwide there were 2.2 million foreclosures in 2008, 2.8 M in 2009, and 3 M are predicted for this year. Foreclosed properties are adding to the supply of houses on the market, and the expectation is that housing values will drop another 10% this year. Join us for a round table discussion about how to work with your customer to mitigate your losses during short sales, modifications, strategic defaults, deeds- in-lieu, and when foreclosure is necessary. The panel includes a representative from loss mitigation, a real estate attorney and a foreclosure prevention specialist. Tuesday, June 8, 2010 11:30 a.m. to 1:30 p.m. Weber’s Inn 3050 Jackson Road, Ann Arbor, MI 48103 Please bring your business cards to be entered into a drawing. Meeting fee and lunch buffet: $25.00 Reservation deadline: June 3, 2010 For reservations or information, contact Mary Hoegler at (734) 662-2563. |