Michigan Association of Police Enrolls in the Home Loan Benefit Program from Rock Financial

Unique Benefit Program Includes Discounts and Mortgage Education


LIVONIA, Mich. (Dec. 15, 2005) — Rock Financial, Michigan’s largest home mortgage company, announced today that the Michigan Association of Police, which has 21 years of representing Michigan Police Officers and serving our communities, has enrolled in Rock Financial’s Home Loan Benefit Program. Other companies in the program include: AT&T, Google, Intuit, Oracle, and Qualcomm.

Members of the Association will receive discounts on closing costs and learn more about the home buying process via onsite seminars and web seminars. Each company or association is assigned a team of mortgage professionals who offer assistance with mortgage needs, whether it’s to purchase a home, refinance an existing mortgage, or take out a home equity loan.

"They protect Michigan residents, and now Rock Financial is giving back to the Michigan Association of Police with great benefits of the Home Loan Benefit Program," said David Hall, executive vice president, Rock Financial. "At no cost to the Association or its members, they will have access to home buying experts and advice."

The program is fully managed by Rock Financial, which closes loans in all 50 states.

"I am looking forward to working with a great organization like Rock Financial to help further educate our members. It is truly a win-win situation!" said Ron Palmquist, labor relations specialist, Michigan Association of Police.

There is a rising trend in programs of this type, as companies and associations work to meet the challenge of providing their employees with a robust benefits package, while at the same time managing costs. Many are turning to innovative benefits programs that provide their employees real value, but at no additional cost to the company.

Only six percent of employers offered mortgage assistance programs to their employees in 2000, according to the Society for Human Resource Management (SHRM), but that percentage has since doubled. With housing costs and mortgage rates on the rise, mortgage assistance programs and home financing education figure to remain important to employees.

For more information about the Home Loan Benefit Program from Rock Financial, visit www.HomeLoanBenefitProgram.com or call 800-452-7587.

About Rock Financial

Rock Financial, a Quicken Loans Company, is Michigan’s largest mortgage company and is projecting to close $17 billion in home loans in calendar year 2005. The company, which was founded in 1985, employs more than 3,400 people and was ranked #12 on FORTUNE Magazine’s list of the "100 Best Companies to Work for in America" in 2005 and #1 on Computerworld’s list of "100 Best Places to Work Technology" for 2005. For more information about the company, visit http://www.rockfinancial.com.

About the Michigan Association of Police

The Michigan Association of Police is a law enforcement officer’s union that provides professional services for its members including labor relations, contract negotiations, contract preparation, mediation, binding arbitration, labor practices, grievance processing, court enforcement, legal council, financial planning services and communications support.

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