3-Day Class: $1995
Hilton Newark New Jersey
1170 Spring Street
Elizabeth, NJ 07201
About Guest Speaker, Marie McDonnell
Marie McDonnell is Founder and President of McDonnell Property Analytics, in Brewster, Massachusetts, a leading provider of title and securitization forensic reports and expert services to attorneys, consumers, registries of deeds, and other governmental agencies.
Marie has been engaged as an expert witness in cases ranging from chain of title, securitization and truth in lending disputes between individual lenders and homeowners to large-scale disputes between governmental bodies and major national banks. Marie and McDonnell Property Analytics have trained high level personnel from state and federal law enforcement agencies and regulatory agencies regarding detection of invalid assignments, robo-signing, fraud and misrepresentation in mortgage and foreclosure instruments.
Marie began her work in real estate and mortgage financing in 1986 during the height of the Savings and Loans scandal. In 1991, Marie established The Mortgage Counselor and dedicated her private practice to auditing residential mortgage loans on behalf of consumers and attorneys who specialized in foreclosure defense. Within months, Marie uncovered a mortgage fraud scheme, orchestrated by The Dime Savings Bank of New York, that led to Attorney General investigations in Massachusetts, New Hampshire and Connecticut and ultimately, to multi-million dollar settlement awards and relief programs for consumers. She knew at the time that Dime’s scheme was a dry run for something much bigger to come in the years ahead.
By 2006, Marie rebranded her company Truth In Lending Audit & Recovery Services, LLC to reflect the fact that the problems consumers were facing with respect to their mortgage loans were no mistake and required a forensic analysis and fraud examination. In the spring of 2009, Marie intervened in the now famous cases styled U.S. Bank v. Ibanez and Wells Fargo Bank v. LaRace. She presented two amicus briefs at the trial court level in which she introduced the Securitization Paradigm and presented new evidence that supported Judge Long’s decision to overturn the Ibanez and LaRace foreclosures. On October 1, 2010, Marie submitted a definitive amicus brief to the Massachusetts Supreme Judicial Court that was instrumental in the SJC’s unanimous decision to uphold Judge Long’s rulings. Max Gardner has praised Marie for her seminal role in these cases and credits her work for educating the judges about the complexities of securitization.
Mortgage Securitization Auditor Training Certification Class
The Mortgage Securitization Auditor Training Certification Class; sponsored by Certified Forensic Loan Auditors "CFLA" is a comprehensive training certification program entitled:
"Mortgage Securitization Auditor "MSA"—A 24-hour in-person intensive seminar held across the country."
Nationally Recognized by Courts, Judges, Banks, and Lawyers in 50 States.
Grant money may be available through the US Department of Education, and/or Department of Veterans Administration (2011)
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's Training provides the peace of mind that your credentials are accurately highlighted and recognized.
Study 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 Sales, Bloomberg Screens, AbsNet lookups, and more.,
Complex analysis of how to obtain recorded documents, their significance, and to analyze the same
Complete (5) five full Mortgage Securitization Audits under the direct supervision of the Senior Auditor, including Chain of Title Reports, Robosigning analysis, Special Purpose vehicles analysis, and the Bloomberg Screenshots
Understand the complexities of form and substance related to Expert Witness Testimony and how to use your portfolio of Education and Experience to Educate Judges and Opposing Counsel on Securitization Issues, Chain of Title, and Robosigning
Receive a Certificate of Completion recognizing that you sufficiently meet the CFLA requirements necessary to be accredited as a "Mortgage Securitization Auditor"
Learn more and register at CFLA.com or phone our offices: 888-758-2352