WASHINGTON –Credit unions wanting to find ways to help members avoid having their homes foreclosed can get suggestions at a seminar that NAFCU is holding next month.

The two-hour session, “Credit Union Foreclosure Prevention Strategies,” is scheduled to be held in the Chicago offices of mortgage buyer Fannie Mae on Aug. 6.

Fannie Mae's Affinity Relationship Manager Tammy Trefny will discuss the state of the housing market and explain what declining home values are doing to increase foreclosure projections. She will also give advice on how credit unions can position themselves to help keep members in their homes. Trefny has over 19 years of experience in the mortgage industry, 12 of which were spent in the primary mortgage market.

NAFCU Senior Vice President of Communications Jay Morris will moderate the event.

All credit unions are invited to attend the regional meeting and can register by calling 800-344-5580. NAFCU members can also register online at www.nafcu.org/ChicagoRegional.

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