Michael F. Petrie, CMB

Started P/R Mortgage & Investment Corp. (P/RMIC) in August 1990. The firm was created to originate and service multifamily rental housing loans through agency programs. P/RMIC is a Freddie Mac Program Plus lender, a Fannie Mae Prior Approval lender, a FHA MAP Lender, a GNMA MBS issuer, and a Rural Housing Lender.

Formerly the Executive Vice President of Merchants Mortgage Corporation, a subsidiary of Merchants National Corporation. From 1983 - 1990, was the executive responsible for the commercial real estate finance division of MMC. During this period, led MMC's specialization into multifamily housing finance by obtaining program approvals with Freddie Mac (FHLMC), FNMA - Prior Approval, FHA Coinsurance, and FNMA Delegated Underwriting and Servicing. Arranged the first Freddie Mac multifamily loan in the State of Indiana in 1980.

• 1979 - BS - Indiana University 1980 - Mortgage Bankers Association of America - Income Property Finance - I 1983 - MBA - Indiana University 1989 - Mortgage Bankers Association of America Graduate - School of Mortgage Banking 1999 - Mortgage Bankers Association of America Certified Mortgage Banker - "CMB"
• 2004 - Accredited Mortgage Professional -"AMP"

• Mortgage Bankers Association of America Chairman - 2004-2005 Chairman-Elect - 2003-2004 Vice Chairman - 2002-2003 Board of Directors - 1999-2003 Legislative Steering Committee, Chairman - 2002-2003 Technology Committee, Chairman - 2002-2003 Commercial Multifamily Board of Governors - 1998-2003 Chairman - 2000-2001 Vice Chairman - 1999-2000 Residential Board of Governors - 2002-2003 MORPAC Steering Committee - Chairman, 2001-2002 Multifamily Housing Committee - 1995-2003 Vice Chairman - 1994-1995 Research Institute for Housing America, Board of Directors - 2002-2003 Society of Certified Mortgage Bankers - 2002-Present CREF Counsel, Vice Chairman - 1997 & 1998 Multifamily Housing Committee - 1995-2003 Vice Chairman - 1994-1995 Insured Projects Subcommittee, Chairman - 1994 & 1997 Burton C. Wood Legilative Service Award - 2000 Apartment Association of Indiana Independent Owners Program, Chairman, 1984 The Penrod Society, President, 1990 Stanley K. Lacy Executive Leadership Series, 1986 Indiana Real Estate Broker's License - #IB51441659 Indianapolis Business Journal "2002 Who’s Who in Residential Real Estate" Bishop Chatard High School - Board of Regents - 2002-2005
• "Sagamore of the Wabash" - October 2004

• Indianapolis Neighborhood Housing Partnership, Director 1994-2001 Unity Housing, Inc. Chairman, 1997-2001 Vice Chairman 2001- Present (60 unit, Family/Section 8, Unity Park) Near North Development Corp. 1984-1990 Chairman, 1985 Housing Committee Chairman, 1996 Kenwood Place, Inc., President 1985-Present (64 units Section 202) Kenwood Place II, Inc., President, 1990 - Present (23 units Section 202) Central North Civic Association, President, 1984 United Northwest Area Development Corporation, Director Mayor's - Indianapolis Housing Task Force, 1998-2003 Mayor’s - Abandoned Housing Work Group 2003-Present Mayor’s - Indianapolis Housing Forum Member 2003-Present
• Affordable Housing Partners, Inc. Vice President, Director 1997-Present (501-C-3 affordable housing provider)