Training Course Syllabus:
Skillfully Handle Troubled Real Estate Loans
When foreclosure is looming, you not only need to understand all your client´s options, you also need practical techniques for protecting your client´s interests. Get the tools you need at this essential seminar. We´ll begin with a detailed walk-through of the various loan workout options and the foreclosure process. Then our experienced faculty will take an in-depth look at how to handle the title, environmental and post-foreclosure issues commonly encountered when working with troubled assets. Take your skills to the next level. Register today!
- Know the nuts and bolts of the foreclosure process, including its requirements and procedural pitfalls.
- Learn how to adeptly use the various workout tools and loan modification options at your disposal to avoid foreclosure.
- Recognize the title issues involved in the foreclosure and workout context and learn how to resolve them.
- Mitigate the environmental risk associated with troubled assets using tips from our experienced faculty.
- Maintain an ethical practice by avoiding conflicts of interest and multiple representation issues.
- Learn proven eviction and ejectment techniques to secure property as smoothly and efficiently as possible.
- Gain a comprehensive understanding of the post-foreclosure liability for property preservation, taxes, code violations and other ownership responsibilities.
FORECLOSURE BASICS
9:00 - 9:15, Shawn T. Briner
- Overview of Common Loan Documents
- Overview of Process From Beginning to End
- Effect of Properly Conducted Foreclosure
MISSOURI ´S NON-JUDICIAL FORECLOSURE PROCEDURE
9:15 - 10:15, Shawn T. Briner
- Default
- Preliminary Preparations
- Statutory Notice Requirements
- Trustee Sale
- Redemption
- Trustee´s Deed
- Deficiency Judgment
DEFECTIVE NON-JUDICIAL FORECLOSURES
10:15 - 10:30, Shawn T. Briner
- Void Sales
- Voidable Sales
MISSOURI´S JUDICIAL FORECLOSURE PROCEDURE
10:45 - 11:00, Shawn T. Briner
- Default
- Preliminary Preparations
- Prosecution of Claim
- Sheriff´s Sale
- Deficiency Judgment
AVOIDING FORECLOSURE – LOSS MITIGATION & WORKOUTS
11:00 - 11:45, Shawn T. Briner
- Reinstatements
- Postponement Agreements
- Forbearance Agreements
- Loan Modifications
- Short Sales
- Deeds-In-Lieu of Foreclosure
TITLE ISSUES ARISING IN CONJUNCTION WITH FORECLOSURES
12:45 - 1:30, Shawn T. Briner
- Understanding Foreclosure Commitments for Title Insurance
- Vesting Defects
- Priority Defects
- Perfection Defects
- Understanding Loan Policies of Title Insurance
- Tendering & Prosecuting Title Claims
- Curing Title Defects
- Proceeding With Foreclosure
BANKRUPTCY ISSUES ARISING IN CONJUNCTION WITH FORECLOSURES
1:30 - 2:00, Carrie D. Mermis
- Different Types of Bankruptcy Cases
- Imposition of Automatic Stay
- Obtaining Relief From Automatic Stay
- Proceeding With Foreclosure
OBTAINING POSSESSION FOLLOWING FORECLOSURE
2:00 - 2:30, Desarae G. Harrah
- Cash-For-Keys
- Unlawful Detainer Procedure
- Distinguished From “Rent and Possession” Actions
- Elements of Claim
- Service – Personal / Posting
- New Statutory Requirements for Rental Properties
- Judgment – Possession and Damages
- Execution
SELLING FORECLOSED ASSETS
2:30 - 2:45, Shawn T. Briner
- Overview of REO Process
- Listing
- Contract – Unique Documents
- Processing
- Closing
- Common Title Issues
EMERGING MUNICIPAL REGULATORY ENFORCEMENT, VIOLATIONS & LIENS / PROPERTY PRESERVATION
3:00 - 3:30, Robert M. Swiss
- Underlying Theories and Policies
- Local and National Trends
COMMON ETHICAL ISSUES FACING FORECLOSURE ATTORNEYS
3:30 - 4:30, Shawn T. Briner
- Conflicts of Interest
- Privacy Issues
- Trustees Under Deeds of Trust – Dual Fiduciary Responsibilities
- Chilled Bidding
- Self-Dealing
- Handling Title Claims – The Tripartite Relationship
- Changing Laws
| 
NBI Inc.