Thank you to the credit unions who made the trip to FORUM CU for the collections roundtable. We appreciate Joe Weber from NCCI providing lunch and showcasing how his company can help with credit union collection efforts. He discussed their field calls, loss mitigation strategies and even a new product they are preparing for a launch involving the assessment of real estate owned (REO). With this new solution a credit union can submit an address and receive not only the present value of the home, but also a future value of the property in question. This can help credit unions determine as to if they should quickly sell a property owned or hold on to it until the right bid comes along. Credit unions in attendance agreed that field calls will be an important strategy moving forward given the current economic situation. Some good discussions and some networking after the presentations.