Press Release



Carolyn Taylor of Hughes Watters Askanase to Speak
at Missouri Credit Union Association's Lending Summit on Oct. 22

HOUSTON (Oct. 6, 2008) - Hughes Watters Askanase L.L.P. (HWA) partner Carolyn Taylor will be the opening speaker on Oct. 22 at the Lending Summit sponsored by the Missouri Credit Union Association (MCUA) in St. Louis, Mo. She will address loss mitigation options and pitfalls for credit unions and other mortgage lenders caught in the throes of the subprime crisis and credit crunch.

 "With the industry in a state of turmoil, we hope to shift the focus of servicers, the judiciary, consumer advocates and governmental and regulatory authorities toward frank dialogue and the development of systemic and uniform approaches and solutions for these issues," Taylor commented.

The MCUA Lending Summit is a two-day comprehensive course designed for presidents and chief executive officers, loan managers, credit committee members, lending and other staff members responsible for credit union loan growth. The summit provides attendees an opportunity to learn the latest lending trends and strategies from experts in the credit union and financial services community. Attendees will qualify for continuing legal education (CLE) credit, including two hours in ethics and professional responsibility.  To register or for more information, visit:
www.mcua.org/files/smcustaft/22/file/CU_Services/Education_Training/REG_PDFs/2008_LendingSummit.pdf

HWA's wide ranging expertise and 30 years of experience in the interrelated areas of credit unions, bankruptcy, business planning and strategy, consumer financial services, real estate and litigation provides the firm's partners and associates with a unique perspective on myriad issues currently plaguing the mortgage industry.

"This wealth of resources allows our attorneys to leverage their experience with other practice groups in the firm," said Taylor.

About Carolyn Taylor

Taylor, who joined HWA in 1994, established the firm's credit union and award winning mortgage banking default servicing practice groups. Taylor was instrumental in implementing the internal policies and procedures that enable her teams to provide exemplary service and culminated in the selection of HWA to participate in the Freddie Mac Designated Counsel Program (Texas) and the Fannie Mae Retained Attorney Network (Texas).  Taylor's industry involvement includes publishing, speaking, education and training and most recently, serving on the task force for the Coalition for Mortgage Industry Solutions. Certified by the Texas Board of Legal Specialization in Consumer and Business Bankruptcy Law, Taylor's practice currently focuses in the areas of credit unions, mortgage banking, consumer financial services, and bankruptcy law. For a more information, please contact Carolyn Taylor, ctaylor@hwa.com or 713/328-2804.

About HughesWattersAskanase

For 30 years, HWA, based in Houston, Texas, has utilized its resources, timely action and prompt communication to assist its credit union, mortgage banking and financial services clients in their business endeavors. The firm provides cradle to grave legal representation, with experienced litigation support, including defense of nationwide class action lawsuits. The commitment to ethics, integrity and quality service is the cornerstone of the firm's unparalleled success.  For more information on HWA, please visit http://www.hwa.com/.

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