Are you wondering what the “Shadow Inventory” of foreclosures is

and how it will affect the market in 2010?

Have you had a client ask you about buying
foreclosure or REO properties in the past 6 months?

If you would like to understand what is happening in the foreclosure market, please join us to hear
Rick Sharga, Senior Vice President of RealtyTrac on:

Mon., February 22, 2010 Some of the topics will include:

9:30 am - Noon 2008 - 2009 foreclosure market recap

2010 foreclosure market outlook
at the questions and discussion forum

Sportsmen’s Lodge Event Center

12833 Ventura Blvd.
Studio City, CA 91604

Seating will be limited!

RSVP by clicking HERE or contact
Melissa Isler: misler@pickfordescrow.com or 818.817.2580

Rick Sharga, Senior Vice President, RealtyTrac Inc., is one of the country’s most frequently-quoted sources on foreclosure, mortgage
and real estate trends, Rick has appeared on NBC Nightly News, CNN, CBS, ABC World News, CNBC, MSNBC and NPR. Rick has briefed
government organizations such as the Federal Reserve and Senate Banking Committee and corporations like JPMorgan Chase, Citibank
and Deutsche Bank on foreclosure trends, and done foreclosure training for leading real estate organizations such as Re/Max, Prudential
and Keller Williams. Rick is a member of the National Association of Real Estate Editors, the USFN and REOMAC. He is also President of the
Technology Council of Southern California and on the Advisory Board of Default Servicing News.

P I C K F O R D ESCROW COMPANY