Starting today, Independent Bank is prepared to work with consumers under the Making Home Affordable refinancing program for loans owned by Fannie Mae or Freddie Mac that are serviced by Independent Bank. After initial review of the new refinance program, the Bank anticipates being able to refinance
As an additional step in its efforts to assist homeowners facing foreclosure, Independent Bank also announced that it would participate in a number of foreclosure-related forums to be hosted by
-- April 28, 2009, at Ford Field in Detroit -- April 29, 2009, at the Horizons Conference Center in Saginaw -- April 30, 2009, at the DeltaPlex Entertainment & Expo Center in Grand Rapids
Independent Bank continues to focus on providing information to consumers on the mortgage refinancing or modification programs available to them. In addition, the Bank has a program tailored for seniors to assist them in avoiding foreclosure if they have fallen behind in their payments.
For information on new applications/refinancing related to the Making Home Affordable program, call 1-800-285-3111 from
For information on loan modification programs call 1-800-292-5020 from
Consumers may also obtain assistance by visiting their local Independent Bank branch and speaking with a mortgage specialist.
About Independent Bank Corporation
Independent Bank Corporation (NASDAQ: IBCP) is a
Any statements in this news release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as "expect," "believe," "intend," "estimate," "project," "may" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are predicated on management's beliefs and assumptions based on information known to Independent Bank Corporation's management as of the date of this news release and do not purport to speak as of any other date. Forward-looking statements may include descriptions of plans and objectives of Independent Bank Corporation's management for future or past operations, products or services, and forecasts of the Company's revenue, earnings or other measures of economic performance, including statements of profitability, business segments and subsidiaries, and estimates of credit quality trends. Such statements reflect the view of Independent Bank Corporation's management as of this date with respect to future events and are not guarantees of future performance, involve assumptions and are subject to substantial risks and uncertainties, such as the changes in Independent Bank Corporation's plans, objectives, expectations and intentions. Should one or more of these risks materialize or should underlying beliefs or assumptions prove incorrect, the Company's actual results could differ materially from those discussed. Factors that could cause or contribute to such differences are changes in interest rates, changes in the accounting treatment of any particular item, the results of regulatory examinations, changes in industries where the Company has a concentration of loans, changes in the level of fee income, changes in general economic conditions and related credit and market conditions, and the impact of regulatory responses to any of the foregoing. Forward-looking statements speak only as of the date they are made. Independent Bank Corporation does not undertake to update forward-looking statements to reflect facts, circumstances, assumptions or events that occur after the date the forward-looking statements are made. For any forward-looking statements made in this news release or in any documents, Independent Bank Corporation claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
SOURCE Independent Bank Corporation