Mortgage Committee

Members
Debby Combs Knopf, Chair
Don Athearn
Brenda Pickins
Mark Hinnebush

Staff
Al McCoy
Kim Young

The Mortgage Committee monitors the payment history of our homeowners to ensure payments are made in a timely manner. If a homeowner becomes delinquent and mortgage payment has not been made by the late payment date of the month following the delinquency, a delinquency letter will be sent by the Mortgage Committee requesting that payment be made to make the mortgage current.

If, by the last day of the second month following the delinquency the mortgage payments have not been made to bring the mortgage current, or if the payments have not been made in accordance with their commitment the homeowner will be sent a letter from the Mortgage Committee informing the homeowner that they must schedule a meeting with the Mortgage Committee within 10 days of receipt of the letter, to discuss the delinquent mortgage. Failure of the homeowner to schedule and attend the meeting shall require the Mortgage Committed to inform the Board of Directors and recommend initiation of foreclosure proceedings.