Real Estate Foreclosure Compliance & Limitations

Real Estate Foreclosure Compliance & Limitations 

Monday, September 20, 2021 
11:00 am – 12:30 pm Eastern

Are you up to speed on the mortgage foreclosure process?  This timely webinar will address the legal and compliance issues you need to know and the required steps in the process.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Determine when a borrower becomes delinquent for purposes of foreclosure
  • Understand the timing restrictions on mortgage foreclosures
  • Explain when the lender must provide loss-mitigation options to the borrower
  • Understand the rules to cover a “successor in interest,” including transfers caused by death, divorce, trust, or gift
  • Identify who qualifies as a “successor in interest”
  • Analyze which notices don’t violate the automatic stay in bankruptcy
  • Determine the appropriate credit bid at the foreclosure sale

WEBINAR DETAILS 

The residential mortgage foreclosure process has seen many important changes in the last few years.  A mistake in the process can cause substantial damages to your financial institution that far exceed the loan amount.  This webinar will explain the legal and compliance concerns starting with the decision to foreclose on the real estate and ending with holding the foreclosed real estate on the financial institution’s books.  It will explore the proper steps required to handle a residential mortgage foreclosure and what can be done when the borrower files bankruptcy.  

WHO SHOULD ATTEND? 

This informative session is designed for staff involved in the real estate loan and collection process, including loan officers, workout officers, loan operations personnel, collectors, attorneys, compliance officers, and managers.

TAKE-AWAY TOOLKIT

  • Model form of periodic statements for consumers in Chapter 7 or 11 bankruptcies 
  • Model form of periodic statements for consumers in Chapter 12 or 13 bankruptcies 
  • Employee training log 
  • Interactive quiz

SPEAKER

Elizabeth Fast, JD, CPA
Spencer Fane LLP

Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions.  Elizabeth is the head of the firm’s training division.  She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University.  In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant.  Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.  

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's Education,Training & Special Events Coordinator, Patti Webb, (614) 610-1877.

Registration Options (Member/Non-Member Pricing)
Live Webinar ($345/$490) – The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed to you prior to the broadcast. You will need the most-current version of Adobe Reader available free at www.adobe.com.

Recorded Webinar + Free Digital Download ($265/$400)– Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.

Additional Live Webinar Connections ($175/$260)  – Registering another banker from a different location

Both Live Webinar & Recorded webinar + Free Digital Download ($395/$600)– Includes Live Webinar and Recorded Webinar options above.

When
9/20/2021

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