7550 Augusta National Drive
Orlando, FL 32822
9:00 a.m. Friday, Nov. 22, 2013
Mortgage Securitization Auditor Training November 22-24, 2013 | Orlando, FL
7550 Augusta National Drive
Orlando, FL 32822
407-240-5555 Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled:"Mortgage Securitization Auditor "MSA"—A 24-hour in-person intensive seminar held across the country."
This is a professional development 'how-to' training, and does not imply any State or Federal Government affiliation.
Certified Forensic Loan Auditors, LLC., located at 13101 W. Washington Blvd., Los Angeles, CA 90066, has pioneered years of research & development to produce an intensive certification program entitled: Mortgage Securitization Auditor "MSA". CFLA recognizes the supreme importance of the pursuit of truth, devotion to excellence, and the nurture of the democratic principles. CFLA brings accountability, trust, intelligence and integrity to all parties involved in the mortgage loan audit process. These parties include, but are not limited to: processors, underwriters, closers, borrowers, sellers, loan auditors, attorneys, real estate agents, brokers and appraisers. The Mortgage Securitization Auditor accepts the responsibility to adhere to the highest ethical standards.
CFLA Code of Ethics
CFLA's Training provides the peace of mind that your credentials are accurately highlighted and recognized. Securitization Training Outline First, a revision of all pre-class reading material list, including handouts for each session, brochures, training survey forms, and securitized analysis report templates that will be worked on in each session.Docedge.com will be purchased by CFLA for usage in the class.CFLA will provide an electronic securitized analysis report template for each student.Overhead projector and PowerPoint type presentation slide show sequence. Including the live video of the Massachusetts Supreme Court hearing.Important to "define" the purpose of the investigation of the mortgage background to determine whether securitization has been followed by the terms of the PSA/prospectus.Divide sessions into SIX (6) segments for the first two days which model the six sections of the SAR.At the end of the second day, the student will take home a securitized analysis report assignment to prepare using a CFLA template.On the third day instructors will provide video education to all students while separately meeting with each student to review the securitized analysis report prepared by the student and answer individual questions.On the last half of the third day the student will prepare a securitized analysis report in class as a practical examination to be certified by CFLA.
Program InformationThis is a comprehensive 24-hr training course to become a CFLA accredited Mortgage Securitization Auditor "MSA".
ObjectivesStudy and learn important topics related to Mortgage Securitization, terminology, and borrower documents, SEC Search Techniques, SPV search, document review, MERS search, GSE search, Assignments, Separation of Note/Deed, Substitution of Trustees, Notice of Defaults, & Trustee SalesReceive a Certificate of Completion recognizing that you sufficiently meet the CFLA requirements necessary to be accredited as a "Mortgage Securitization Auditor"
Must promptly attend and be present for a minimum of 24 hours of training.Must satisfactorily pass a criminal background check/ Sex Offender Check [looking mostly for fraud, embezzlement]Must satisfactorily pass the final examination at the end of the course. Trainees will know right on the spot! Designed for...All professionals in the mortgage, real estate, legal, and finance professions involved in loan modifications, lender litigation, bankruptcy, short sales, or real estate law.
Pricing$2,995.00 for the 3-day course. You will also receive certificate of completion recognizing you as a CFLA-Mortgage Securitization Auditor.
Benefits of the CourseReceive a Certificate of Completion recognizing that you sufficiently meet the CFLA requirements necessary to be accredited as a "Mortgage Securitization Auditor"Maintain Students Records in a Nationwide searchable database to verify and validate certification for prospective employersLearn from Industry's Leading ExpertsObtain flowcharts, work product, and other proprietary trade secrets that have made millions for certified forensic loan auditors, its sponsors, and affiliates Major TopicsOverview of securitization and the securitization conveyance chain, introduction to CFLA Securitization Reports, terminology, and borrower documents, SEC Search Techniques, SPV search, document review, MERS search, GSE search, Assignments, Separation of Note/Deed, Substitution of Trustees, Notice of Defaults, Trustee Sales, "The Note Is A Contract"/When original Notes are produced, Auditors as Testifying Experts/Review of court transcripts, HAMP Overview, and much more. Additional Topics History of Mortgage Securitization; Public Record Issues; Mortgagee is Usually Named as MERs; Assignment of Mortgage Not Until Default; Note Usually Names Original Lender as Payor; Separation of Promissory Note from Mortgage; UCC-3: & negotiable instruments (4 corner doctrine); UCC-9: & security instruments (requirement of written assignments; How Mortgages Are Securitized; Mortgage Securitizations: Private, Freddie Mac and FNMA; Understanding Tranches; REMIC Status; Credit Enhancements; Pooling and Servicing Agreement and the Investment Trusts; and much much more... Class AgendaFriday9AM – 10:30AM Introductions: CFLA, Class, InstructorObjectives for Course: Introductory course to mortgage securitization and the securitization audit process. Course provides industry recognized certification as a Mortgage Securitization Auditor. Student will be able to perform audits where the name of the loan trust is known or obtainable from title records.California State Assembly Bill No. 2325 re. Mortgage Foreclosure Consultants: loan auditsVideo of Massachusetts Supreme Court Hearing Real Estate Acquisition, the Mortgage Process, Securitization, Loan Servicing and ForeclosureSet up PCs / conference and facility information / Q&ABreak 10:30AM – 10:45AM10:45AM – 12:30PMReview of client information and recorded documentsLooking up a loan: Fannie Mae; Freddie Mac; MERSReview of CFLA loan audit template for Level 2 audits – discussion of each major sectionReport preparation standards / code of ethicsDiscussion of the transaction parties to a loan securitizationThe role of the SEC, investors and reviewing SEC documentsLunch 12:30PM – 1:45PM1:45PM – 5PM (break 3:30 – 3:45PM)Walk-through of a Level 2 audit (report #1)Gathering of documentsCompletion of template as a classQuiz/Drawing for book/DVDHomework – review reading list; start on a new case (report #2); review Tim O’Reilly DVD Presentation Saturday9AM – 10:30AMDiscussion of homework / Q&AFinish audit in class (report #2) with instructorBreak 10:30AM – 10:45AM10:45AM – 12:30PMThe need for securitization auditsLegal theory behind securitization audits: real parties in interest; MERS; chain of titleWork through another audit (report #3) or own or in small group; instructor observes and answers questionsLunch 12:30PM – 1:45PM1:45PM – 5PM (break 3:30 – 3:45PM)Review of audit (report #3)Begin next audit individually (report #4)Homework – email instructor audit (report #4) by 8AM Sunday9AM – 10:30AMDiscussion of homework / Q&ABreak 10:30AM – 10:45AM10:45AM – 12NoonQuiz/Drawing for book/DVDVideoOverview of GSE audits / Bloomberg auditsQ&ALunch 12Noon – 1PM1PM – 3PM FINAL EXAM (report #5)3PM – 4PM Notary on site to provide certification / raffle / feedback forms Testimonials from Previous CFLA Training Classes "This course was the missing link in putting together all the knowledge I’ve already been accumulating, but was not able to assimilate into a prosecutable document for submission which an attorney can use in litigation. Thanks!"
Warren D. Goldstein
"If you want to learn the audit the mortgage securitization process, then this is the course for you!"
"This is a course that every American citizen can use to fight back against Wall Street and the banks to keep or receive compensation for the mortgage fraud committed on 85% of loan originated between 2001-2008. Liz and Art are a God send!"
"Personally, the course is an enhancement because I’m already particular with about 95% of it. Although, I notice there are beginners in the class and I highly recommend the course and its instructors combined because I saw and noticed how these beginners were able to comprehend and able to finish their homework and finals on the 3rd day. The other 25% of the course was my "core" information to enhance my knowledge and the course & instructors made me achieve what I expected to learn. Thanks!"
"Excellent information! The tracking of assignments, very thorough. Instructors’ knowledge of these securitization processes are very strong. CFLA’s commitment is very strong to students and to excellence."
Carl L. Williams
"Although I have prior experience of 20 years of Mortgage Banking and Real Estate, this class has given me a comprehensive edge over the average attorney and ultimate foreclosure defense! Thank you for taking me to the top."
"I really enjoy the class. I met a lot of professional’s and made strong connections. I feel fortunate to come across this class, from my classmate. I would recommend this class to anyone moving forward."
"This was an amazing seminar that gave me the knowledge to help Homeowner’s to fight for their Right’s against greedy banker’s and mortgage companies."
"Had a great time with the class and instructor’s, class was informative and I would recommend it to anyone who wants to learn more about Mortgage Securitization"
"Learn as much as you can. Think outside the box and be analytical. Learning this will allow you to be helpful to the community as well as society. Enjoy the fact that we are here to help. If I can help just one person to stay in their home I have done society a world of good"
Lakeisha R. Burrell
"This class is something that everyone in the mortgage profession, need’s to take."
"If you have but one thing you do to further your education, make it this course. This is something that can be utilized in almost every real estate situation that exist today. What you can do with the information you learn will change lives"
Carlos J. Rice Perez, Esq.
"I would recommend anyone that is on a quest to weaken the banks in their games of lies and deceit to do almost whatever it takes to take this course"
"The instructors have great knowledge and experience in mortgage securitization audits. They are excellent instructors and impart the ability for the homeowner and attorneys solve the mortgage now!"
Charles Christmas, Esq.
"Classmates were open and eager to learn. Environment promoted real learning and interactive participation"
Valeria N. Tomlin, Esq.
"This course has helped me broaden client’s loan analysis. I recommend this course to anyone in the real estate litigation business for serious consideration"
"Best student would have experience in area of mortgages, foreclosure defense, auditing and/or legal field regarding foreclosure defense. Provides an excellent platform upon which to develop dynamic and effective defenses, to turn the tables of lenders and /or their legal counsel regarding consumer mortgage defense. Instructors are enthusiastic and highly competent and informed with excellent teaching skills"
Linda J. Rougeux
"Great course for understanding mortgages and securitization after origination. AKA the secondary market BLACK HOLE"
"Excellent instructors! They have in depth and practical knowledge of securitization audits"
"Learning how to navigate through the securitization site and understanding the legal process of securitization makes this course extremely valuable"
"I appreciated the form and structure of the class. It lends some solid material for people to learn about the securitization process. Great instructors!"
Stephanie Cooper Herdman
1,995.00 MSA REGISTRATION 1,995.00