Dr. Bradley Foerster & Dr. Myria Petrou – RESPA Request for Information (Bank of Ann Arbor – Loan 500987) – April 19, 2026 Submission Record
Bank of Ann Arbor – Loan 500987
Date: April 19, 2026
Submission Summary
This submission documents a formal Request for Information under RESPA submitted to Bank of Ann Arbor regarding servicing and accounting of Loan 500987, including post-foreclosure accounting following the August 3, 2017 sheriff’s sale.
The request seeks a full reconciliation of the approximately $1.4 million credit bid, subsequent ledger entries in February–March 2018, and related tax reporting reflected in the Form 1099-C.
Recipients
- Daniel Cherry, SVP Chief Compliance Officer (RESPA addressee)
- Chuck Cracraft, Vice President & Mortgage Sales Manager (CC)
- Timothy G. Marshall, President, CEO & Executive Chairman (CC)
Exhibits Referenced
- Exhibit A: Sheriff’s Deeds (August 3, 2017)
- Exhibit B: Loan Ledger (Feb–Mar 2018 Entries)
- Exhibit C: Form 1099-C (Cancellation of Debt)
Submission Record – Image Exhibits
Notes
This submission constitutes formal notice under RESPA and triggers statutory obligations regarding loan servicing records, foreclosure accounting, and post-sale ledger reconciliation.
The request seeks a complete and line-by-line reconciliation of the approximately $1.4 million credit bid, subsequent servicing entries, and related tax reporting reflected in the Form 1099-C.
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