Bank of Ann Arbor States No Reconciliation Worksheet Exists for $1.4M Sheriff's Sale Purchase of 630 Geddes Ridge; New Request Seeks Identification of Transfers
On June 2, 2026, Drs. Bradley Foerster and Myria Petrou submitted a follow-up Request for Information to Bank of Ann Arbor seeking identification of any accounting record, reconciliation worksheet, or other document showing how the Bank reconciled three figures reflected in its records: a reported sheriff's sale purchase amount of $1,412,380, a February 26, 2018 principal payment of $1,151,261, and a March 2, 2018 charge-off principal entry of $294,675.65.
On June 3, 2026, Bank of Ann Arbor responded.
“The Bank does not maintain a single document, reconciliation worksheet, or accounting record that performs the reconciliation described in your correspondence.”
— Bank of Ann Arbor, June 3, 2026
Given the Bank's position that no reconciliation worksheet or accounting record exists, Drs. Foerster and Petrou submitted a new Request for Information on June 9, 2026 seeking records sufficient to identify any third-party recipients of money or other transfers of value following the August 3, 2017 sheriff's sale.
The June 3, 2026 response, referenced loan transaction history, and June 9, 2026 follow-up request are reproduced below.
June 3, 2026 Bank Response
Referenced Loan Transaction History
June 9, 2026 Request for Information Pursuant to RESPA and Regulation X
Related Material:
Bank of Ann Arbor Reported $1,412,380 Sheriff's Sale Purchase; Follow-Up RESPA Request Seeks Reconciliation Record
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