Washington D.C. Seminar

December 12-13 2009


FINDING THE VIOLATIONS IN LOAN DOCUMENTS


Day One - Saturday Dec. 12


8:30 AM - 5:00 AM

TILA – RESPA - HOEPA    

Understanding, the Truth in Lending Act, the Home Ownership and Equity Protection Act, and the Real Estate Settlement Procedures Act and their importance to the mortgage loan. These three Acts implement the lending rules that control the home mortgage industry.

Learning and understanding about each of these Acts, their protections and implications, puts you in the best position to skillfully assist clients.


10:00 AM – 10:30

Questions and Answers


Lunch Break 12:00 PM – 1:15 PM


10:30 AM – 5:00 PM

Breaking The Loan Documents Down

A loan audit is going to be your cornerstone. Without an audit you only have conjecture.

A Forensic Mortgage Audit is the comprehensive review of all loan documents including legal documents, and other evidence important to

the mortgage loan. A forensic mortgage audit identifies any illegalities done by the lender, broker, appraiser or other parties involved with the

mortgage transaction. The Audit process reviews all documents received from the date of application to the funding date.


Day one you will achieve extensive hands on understanding of how the loan documents will build your case.


The Truth In Lending (TILA)

Is examined for accuracy (APR, Amount Financed, Finance charges, Total of Payments).

Note: We always find at least one violation in The Truth In Lending Disclosure which may be sufficient to rescind the loan.

Real Estate Settlement Protection Act (RESPA)

Was Regulation Z and X followed

Home Ownership and Equity Protection Act (HOEPA)

Does the loan pass HOEPA Guidelines


1003 The Application

Was income verified - Was time on the job verified - Was occupation and income matched - Was affordability proven

- Was a Reasonable Test Done - Does Debt to income prove a predatory loan


1008 The Uniform Underwriting and Transmittal Summary

How does it apply to the 1003 The Application


The Note 

Is It A Negative Am Loan

Is The Balloon Payment Legal

Is The Prepayment Penalty Legal

Are The Figures On The Note Correct


Documents and Dates How Important Are They

What Do Dates Have To Do With The Documents

Do All The Documents Dates Match

How Do These Dates Prove Fraud 


1:15 PM – 5:00 PM

Continuation

Finding The Violations In Loan Documents


Break 3:00 – 3:20PM


4:00 PM – 5:00 PM

Questions



FORECLOSURE DEFENSE


Day Two – Sunday Dec. 13 


8:30 AM – 5:00 PM

  • Learning case strategy to get to the earliest settlemen
  • Get to know case law authority to win your case
  • Write winning lawsuits, complaint and motion lawsuit templates
  • Conducting legal research with citations to the most recent case law

      in your jurisdiction


  • Calculating the damages money for understated disclosure
  • Analyzing loan documents to determine approximate money damages.
  • Sample motions and letters to get you up and running fast

Plenty of Time for Your Questions


Many seminars give you a lot of information but bring up more questions than they answer.

At this seminar you'll be given a ton of information and you won't leave with any unanswered questions.


Support After You Leave


  • Preparing expert affidavits (including availability of our staff as trial witnesses or referrals to experts in your area
  • Drafting or reviewing of discovery and pleadings in all phases of litigation from the initial complaint to appellate briefs
  • Brief consulting by telephone on legal issues and case strategy
  • Ongoing as needed case consulting and coaching with expert attorneys
  • Expert witness available to present affidavit to the court         
  • We offer a wide range of consulting services to attorneys that work with us