How to Handle Mortgage Loan Modifications After Forbearance

August 11, 2021, 2:00 p.m. ET–4:00 p.m. ET
| Skill areas: 
Spotting and Investigating the Legal Issue
,
Strategy: Structuring and Plotting the Case
| Skill level: 
All Levels

Private Members: $40
Legal Aid and Public Interest Members: $30
Nonmembers: $90 

The Consumer Financial Protection Bureau (CFPB) issued a report that warns of widespread evictions and foreclosures once federal, state, and local pandemic protections come to an end, absent additional public and private action. Over eleven million families are behind on their rent or mortgage payments: 2.1 million families are behind at least three months on mortgage payments, while 8.8 million are behind on rent. Homeowners alone are estimated to owe almost $90 billion in missed payments. Those who are unable to resume payments or reach some other agreement with their lender may be forced to leave their homes through sale or foreclosure. This webinar is geared to mortgage practitioners of all levels.

What You Will Learn

•    How to address the gap between what servicers legally must do and are actually doing
•    What the protections are of Loss Mitigation Rules provided for by RESPA and REG X
•    How to incorporate the CFPB's rule amendments established on June 28, 2021 but not effective until August 31, 2021

Speakers

Attorney Oliver Max Gardner III is recognized as one of the leading lawyers in America in the area of predatory mortgage servicing and as the “dean” of mortgage servicing issues in consumer bankruptcy cases. Max received his undergraduate degree from the University of North Carolina at Chapel Hill in 1969 and graduated with high honors from the UNC School of Law in 1974. Following graduation, he served as the senior law clerk to the Hon. William H. Bobbitt, the late Chief Justice of the North Carolina Supreme Court, and as senior law clerk to the Hon. William Copeland, an Associate Justice of that Court. He has been recognized twice by the National Association of Consumer Bankruptcy Attorneys for special national awards. He is also the founder of his renowned Max Gardner’s Bankruptcy Boot Camp. 

Jay Patterson is a nationally recognized forensic accountant and Certified Fraud Examiner. He has been the owner of Full Disclosure LLC since 2007. His practice is limited to forensic and investigative accounting/auditing relating to mortgage loan servicing functions, processes, and document forensics. Jay has specialized knowledge in these areas and has testified as an expert witness in a variety of jurisdictions, including state courts, federal courts, and legislative bodies. He has developed methodologies used in the investigation, examination, and analyses of mortgage loan servicing transactions and processes. Jay is currently working with the Ditech Holding Corporation Consumer Creditor Recover Trust analyzing claims.

Roberto Rivera is a native of St. Croix, Virgin Islands, a proud veteran of the US Marine Corp, and frequent attendee and speaker at Max Gardner’s Boot Camps. He has been in the Loss Mitigation, Mortgage, and Real Estate field for almost twenty-two years. During this time, he has contributed to thousands of successful real estate and mortgage transactions, including, mediation, short sale, deed in lieu, and mortgage modifications. He works exclusively with attorneys offering loss mitigation consulting with on an à la carte basis.

How to Register

To attend this webinar as a nonmember of NACA, you must be verified to attend education events.

If you are a current member of NACA, register here.

If you are not a member,

  • If you already have an account with NACA: Click here. You will be asked to login and then will be taken to your profile page. Near the bottom of the page, under “Verifications,” click the box next to "Please verify me for NACA education events" and then select the organization with which you are primarily affiliated (i.e. NCLC or Public Justice) in the box below. You must fill out both boxes to be verified.
  • If you do not already have an account with NACA: Please create an account in our system and check the last box on the form, "Please verify me for NACA education events" .
  • Once you are verified, you will receive an email with a link to register. 

If you have questions about this process, please email training@consumeradvocates.org.

CLE Credit

Are you interested in receiving CLE credit for this webinar? NACA does not seek CLE approval for each webinar in each individual state.  Individual attorneys can generally apply for, and receive CLE credit, in their respective states. Please note that NACA is now a Preferred Provider of CLEs for California, Pennsylvania, and Texas and this webinar is considered pre-approved for CLE credits for lawyers practicing in those states. NACA will provide, upon request, certificates of attendance to be used in state bar applications. Email training@consumeradvocates.org to request a certificate of attendance. 

Refund Policy

Please note that there are no refunds for webinars since participants can view the presentation after it has taken place. If your registration was submitted less than two hours prior to the event, it is not guaranteed that you will receive access to participate in the live presentation. However, you will receive access to the recorded webinar in the coming days.

Why You Should Register Even If You Can’t Attend the Live Webinar

For each webinar you register for, regardless of whether you attend live, you will automatically receive an email inviting you to view a recording of the webinar and also containing attachments of the Power Point presentation and any other supplemental materials within two business days of the live webinar. This way, if you have a time conflict, you will be able to listen to the webinar and study the course materials at your convenience. If you have any questions, please email training@consumeradvocates.org.