WHY YOU NEED THIS CLASS
An Audit disclosed that 75% of mortgage assignments issued to and from JPMorgan Chase, Wells Fargo, and Bank of America, during 2010 in the S. Essex Registry of Deeds in Massachusetts are invalid.
Some states have stopped non-judicial foreclosure.
FHA, Fannie Mae, and Freddie Mac are re-foreclosing loans in Michigan.
A Tsunami of lawsuits is headed your way. These classes provide new essentials for protecting your clients, yourself and your business.
Topics in Level 1 include:
Agent, Owner, and Buyer Duty to Know and Dislcose Mortgage History NOT ON TITLE REPORT
Consequences of Selling a Wrongfully Foreclosed Property through a short sale or as REO
Breaching Fiduciary Responsibilities, Punitve Damages are for the Broker/Agent. E & O Insurance cannot pay. No Discharge in bankruptcy
Securitization Model Explained / Review of Securitization Flow Chart
What is a Pooling Servicing Agreement? Find Investors, Trustees, & Servicers
What is a Mortgage Securitization Audit? How to Obtain One
MERS, Banks, & Crimes
How to get more business, reduce risk, and close transactions.
What to tell the Bank, Escrow, Title, Buyer's Lender & Others?
Fatal Bank Errors That Stop Foreclosure