Nation's Only Mortgage Securitization Auditor Training Class 02/25 -02/27 (Las Vegas, NV)

Jan. 31, 2011 - PRLog -- ________________________________________
Mortgage Securitization Auditor Training Program

Las Vegas, NV - February 25-27, 2011

The Nation's most widely recognized and acclaimed
"Securitization Auditor Training"

We are now offering a CFLA Accredited, Mortgage Securitization Auditing course.
Securitization Auditor Training Certification Course
Program Information

This is a comprehensive 3-day training course to become a CFLA accredited Mortgage Securitization Auditor "MSA"

Objectives
•   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
•   Receive a Certificate of Completion recognizing that you sufficiently meet the CFLA requirements necessary to be accredited as a "Mortgage Securitization Auditor"

Requirements
•   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!

Major Topics:

Overview 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…

Designed for:

All professionals in the mortgage, real estate, legal, and finance professions involved in loan modifications, lender litigation, lender litigation, bankruptcy, short sales, or real estate law.

Instructor:

1. Arthur Bernardo - has produced hundreds of securitized analysis reports in residential real estate mortgage investigations and is a leading mortgage expert and investigator. Art is a member of Certified Forensic Loan Auditors, a research and investigation company which consults with law firms in foreclosure defense and mortgage companies in designing securitized analysis reports. Certified Forensic Loan Auditors has compiled database research of robo-signers and other unlawful practices of the mortgage industry. Art was certified as an instructor in June 12th of 2010, and has been conducting securitized analysis reports and training auditors in concert with numerous leading foreclosure defense law firms in California, Nevada, and Arizona. Art is an independent thinker which is a crucial component of the mortgage securitization analysis that lies at the foundation grounds for discovering unlawful securitization practices by predatory mortgage companies, banks, as well as predatory mortgage servicing practices. Art has a JD in finance, real estate and mortgage company experience, as well as having worked for Metro Bank Loan Services in Makati, Philippines. Art has remarkable experience in securitization analysis mortgage underwriting, along with sound knowledge of mortgage industry and regulatory requirements, deep understanding of loan purchase and repurchase procedures, electronic data gathering and retrieval procedures used by the Securities and Exchange Commission. Art has trained numerous mortgage and real estate professionals while working for Certified Forensic Loan Auditors, and is a great addition to CFLA as the lead instructor.

2. Steven Corser - Background in loan origination, loan processing and underwriting. Senior escrow officer responsible for all in-house escrow processing. Origination and servicing for EIRS Management, LLC private investment portfolio. Designated Officer review for all real estate transactions processed by the Company including; loan, escrow, and real estate sales, has performed hundreds of securitized analysis reports for numerous foreclosure defense law firms, audited potential acquisitions especially the quality of the loan portfolio, reviewed credit exposure and the quality of assets and the risk parameters, reviewed held up loans for re-examination and recommended appropriate action, reported the results of loan reviews including deficiencies and irregularities, provide corrective action plan for problematic loan situations, experience in loan audit reports and underwriting, sound knowledge of mortgage industry and regulatory requirements, deep understanding of loan purchase and repurchase procedures, familiar with The Electronic Data Gathering and Retrieval used by the Securities and Exchange Commission to transmit company documents to investors.

Location:

FREEMONT HOTEL
Las Vegas, NV

Registration:

Pre-Registration is required and can be done over the phone at 310-432-6304, with Visa or Mastercard, or by Check.  Registration forms will be emailed after payment is complete.  Late Registration allowed until one week prior to course enrollment!

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.
•   Disclaimer for California Civil Code 2924.1, (CA State Assembly Bill No. 2325), including preparation of waiver form disclaimer for each student.
•   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.
Benefits of the Course
1.   Receive a Certificate of Completion recognizing that you sufficiently meet the CFLA requirements necessary to be accredited as a "Mortgage Securitization Auditor"
2.   Maintain Students Records in a Nationwide searchable database to verify and validate certification for prospective employers
3.   Learn from Industry's Leading Experts
4.   Obtain flowcharts, work product, and other proprietary trade secrets that have made millions for certified forensic loan auditors, its sponsors, and affiliates.

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Certified Forensic Loan Auditors, LLC, is the nation's premier forensic loan
auditing and mortgage/litigation support company. CFLA also offers the Nation's Only Forensic Loan Auditor Certification and introduced the Mortgage Securitization training