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CFLA, Inc

Certified Forensic Loan Auditors

Newsletter & Industry Update

August 5, 2013

Job Opportunities Available at CFLA

CFLA is currently seeking Forensic Loan Auditors, Mortgage Securitization Auditors (MSA), AMBASSADOR Mortgage Securitization Auditors (MSA), and National Account Managers.

Click here to Learn More & Apply

 

Recent Industry News Releases

BofA Preps for Storm of Litigation
nationalmortgageprofessional.com | August 4, 2013
Charlotte, N.C.’s Bank of America (BofA) is one of six banks being investigated by the U.S. Department of Justice (DOJ), New York Attorney General Eric T. Schneiderman and the Securities & Exchange Commission (SEC) for shady regulator activity during the financial crisis.
Read More

 

U.S. Corporate Credit-Default Swaps Fall After July Jobs Report
businessweek.com | August 4, 2013
A gauge of U.S. corporate credit risk declined after a report showed employers added fewer workers than forecast in July, reducing concern the Federal Reserve will slow the pace of its stimulus measures.
Read More

 

'Fabulous Fab' Found Liable in Mortgage-Fraud Case
news.gnom.es | August 4, 2013
The maneuver ended up making $1 billion for the hedge fund and its wealthy president, John A. Paulson, and millions of dollars in fees for Goldman. The SEC also sought to show that it helped earn Tourre a bonus that boosted his salary to $1.7 million in 2007.
Read More

 

Morgan Stanley, Citigroup Cooperate With DOJ Derivatives Inquiry
businessweek.com | August 4, 2013
Morgan Stanley (MS:US) and Citigroup Inc. (C:US) said they’re cooperating with the U.S. Justice Department’s four-year-old antitrust probe into the credit-default swaps market.
Read More

 

NY Jury Finds Former Goldman Trader Known as 'Fabulous Fab' Liable in Mortgage Fraud Case
680news.com | August 4, 2013
NEW YORK, N.Y. – A former Goldman Sachs trader who earned the nickname “Fabulous Fab” was found liable Thursday in a fraud case brought by federal regulators in response to the 2007 mortgage crisis that helped push the country into recession.
Read More

 

Bear Stearns Mortgage Executives Have Plum Jobs on Wall Street
publicintegrity.org | August 1, 2013
Bear Stearns, once the nation’s fifth-largest investment bank, had been a fixture on Wall Street since 1923 and had survived the crash of 1929 without laying off any employees.
Read More

 

Bundling of Mortgage-Backed Securities and Racial Discrimination Lawsuit Can Proceed
indybay.org | July 28, 2013
NEW YORK – A federal court ruled on July 25 that a landmark discrimination lawsuit against Morgan Stanley can move forward. Judge Harold Baer denied in part the investment bank's motion to dismiss the case, which alleges Morgan Stanley violated the Fair Housing Act (FHA) by encouraging lenders to push high-risk mortgage loans on African-American borrowers.
Read More

 

Total Delinquency Rate Nationwide Hits 6.68 Percent in June
nationalmortgageprofessional.com | July 26, 2013
Lender Processing Services Inc. (LPS) has reported the following "first look" at June 2013 month-end mortgage performance statistics derived from its loan-level database representing approximately 70 percent of the overall market.
Read More

 

Freeport Gets $2.5M of $70M 'Robo-signing' Settlement
journalstandard.com | July 26, 2013
FREEPORT — A nonprofit housing counseling agency will receive $2.5 million to redevelop neighborhoods in Freeport, Rockford and Belvidere and help those hit hardest by the national foreclosure crisis.
Read More

 

Regulators May Relax 'Risk Retention' Mortgage Securitization Rule
inman.com | July 25, 2013
The Federal Reserve and Federal Deposit Insurance Corp. may loosen a proposal to require that banks retain a 5 percent stake in mortgage-backed securities they sell to investors, the Wall Street Journal reports.
Read More

 

Rising South Florida Foreclosures Cause the McCann Law Group, LLP dba Consumer Attorney Services to Add Gregory Nussbickel to its Foreclosure Defense Team in July
virtual-strategy.com | July 23, 2013
After Consumer Attorney Services witnessed a year over year increase in foreclosures in Florida, the law firm strengthened its national foreclosure defense team with the addition of attorney Gregory Nussbickel in July. Nussbickel brings valuable local experience to Consumer Attorney Services, having practiced law in south Florida for over a decade.
Read More

 

Foreclosure Crisis Still Ravages Nevada
pslweb.org | July 23, 2013
Media outlets have begun to hail the end of the staggering unemployment and general economic malaise experienced since 2008.1 Nonetheless, there continue to be at least 11.6 million unemployed people in the United States. According to the Bureau of Labor Statistics’ latest report, the rate of unemployment has declined to 7.6 percent.
Read More

 

With Banks Unwilling To Help, Victims Of Foreclosure Turn To Unconventional Tactics
mintpressnews.com | July 22, 2013
Last week, housing rights advocates in 15 U.S. cities delivered 10,000 petition signatures to Chase Bank branches demanding justice for Sergio Ceballos, a Minneapolis resident who faces what advocates believe is an unjust foreclosure proceeding.
Read More

 

Residential Mortgage Securitization Update: GSE Reform Bill
lexology.com | July 21, 2013
Senators Bob Corker (R-TN) and Mark Warner (D-VA) have introduced a bi-partisan bill to reform the U.S. housing finance market. Entitled the “Housing Finance Reform and Taxpayer Protection Act of 2013” (the “Reform Bill” or the “Bill”), it would replace Fannie Mae and Freddie Mac, the two government-sponsored enterprises (“GSEs”) that currently dominate the U.S. housing financing market, with a new independent government agency.
Read More

 

California and Florida Take Up a Third of Foreclosure Checks, Says Study
southerndailypress.com | July 19, 2013
Consumers from California and Florida took up close to one third of all checks distributed as part of Independent Foreclosure Review guidelines, according to recent statistics revealed by bank regulators.
Read More

 


CFLA, Inc

Upcoming Mortgage Securitization Auditor Training Certification Classes

"Learn how to perform an industry standard Mortgage
Securitization Audit."

 

Upcoming STATE BAR Approved Attorney 6-HR CLE Class

 

Products & Services Available

 

CFLA Sponsored Advertising

Quiet Title Packages from Licensed Attorneys
Mortgage FREE with our proven system

 

 

Botelho & Associates
Jackson & Elrod: Foreclosure Attorneys & Mortgage Experts

 

 

Rodriquez Law Group
Advertising Space: Mortgage Securitization, Quiet Title

 

 

CFLA, Inc

Complete Quiet Title Package

 

CFLA is offering attorneys the Complete Quiet Title Package and Bloomberg Securitization Audit for purchase online. Please see details and pricing below.

 

CFLA Explains Complete Quiet Title Package

CFLA Explains Complete Quiet Title Package

PDF Download Sample Bloomberg Property Securitization Analysis

PDF Download Sample Attorney Expert Witness Affidavit

PDF Download Sample Complaint / Petition

PDF Download Sample TRO

PDF Download Sample Lis Pendens


CFLA's "Quiet Title Package" is cutting edge work product developed by the Nation's Most Well Respected Attorneys in the Foreclosure Defense industry.



The Quiet Title Package includes all of the Following:



(1) Securitization Audit Report
This product is designed to Highlight all parties in interest, in the Securitization Chain. This product will offer a full chain of title, with Instrument Numbers, Special Purpose Vehicle Search, PSA and Prospectus. The report will also illuminate any evidence of Robo Signing. This product is what Attorneys are using to stop an Illegal Foreclosure due to lack of Legal Standing, or for Purposes of "Quieting the Title to the Property."



(2) Civil Complaint to QUIET TITLE & for other Relief
The Complaint package includes a Civil Complaint that is Jurisdictional Specific, and can be tailored to work on a Federal Level. 12-16 Causes of action will be included based on the specific findings in each of the reports they are based on. The Temporary Restraining order is designed to give the attorney time to fight the bank in favor of the Homeowner and the Lis Pendens will cloud the title, making it very difficult for the bank to take possession of the home and re-sell it, so a solution can be reached in favor of the Homeowner.

 

(3) Summons to Serve on Defendants



(4) Temporary Restraining Order to Stop the Sale



(5) Lis Pendens to "Cloud Marketability of Title"

 

(6) Expert Witness Affidavit by Attorney (22 pages) Outlining in Specific Detail the Findings
This Expert Witness Affidavit has been handcrafted by the Nation’s Most Respected Foreclosure Defense Attorneys specifically for Litigation Purposes



*This Litigation support service is tailor made for the specifications of each Attorney, and is drafted by Competent and Qualified Attorney with Factual Specific Allegations tailored for each client, ready to be signed by the Attorney and filed.



CFLA has trained more than 1,000 Attorney and Real Estate professionals on Mortgage Securitization since 2007, and is widely recognized as the Industry Leaders.



CFLA is Attorney Owned and Operated since 2007, and has an A+ rating with the Better Business Bureau.

Must Call today to get special offer at 888-758-CFLA (2352).

 

Bloomberg Securitization Audit

Our Bloomberg securitization audit is one of the services we specialize in and receive many attorney requests for. This type of audit is among the first important steps in determining the securitization of a loan and by whom, and our staff are expert and very experienced in this research process. A Bloomberg securitization audit from CFLA can be a vital tool in an attorney’s or homeowner’s foreclosure defense and litigation brought against lenders. Call us today to talk about your needs.

 

Securitization Analysis

CFLA Explains Level III Bloomberg Report

CFLA Explains Level III Bloomberg Report

 

PDF Download Sample Complaint / Petition

PDF Download Sample Bloomberg Property Securitization Analysis


Our report will include the following:

  • Loan Recording at county, governmental housing reporting agencies and financial reporting services
  • Deed Recording and Transfers
  • Verification that Assignees on Promissory Note is True and Correct
  • Information Identifying “True” beneficial Interest as per Promissory Note
  • Disclosures and Sufficiency of Information as per UCC
  • Securitized Trust Verification
  • Pooling and Servicing Agreement governing the Trust that holds your Note
  • CUSIP – Identifying the Trust Account
  • Trust Prospectus filed with the Securities and Exchange Commission
  • Identification of the Servicers; Originators; Trustees and Underwriters
  • Details of Bond Performance – Transactional up-to-date information
  • Periodic Reporting of Loan Performance in Securitized Trust
  • Client Specific Information – (special requests)

 

CFLA is a subscriber of Bloomberg and uses the latest search for Non-Agency residential loans by characteristic. Either Loan Number or Original Amount that are provided to perform a search to verify that the loan is inside the Securitized Trust.

 

Our Bloomberg Report Will Include the Following Documents
(click pictures to enlarge)

 

Non-Agency Mortgage Loan Find (LFND)

The name of the Securitized Trust, the loan number, and group it belongs to:

Trustee Name Loan Number Group

 

The number of classes (tranches) and group status (active or paid):

Class Tranch CUSP Group Status

 

The loan level data will identify that the loan is inside the securitized trust:

Loan Level Data 1

 

The Security Description of Trust will identify the current ratings, current amount of the class, CUSIP number, and the Trustee and Lead Manager:

Security Description Ratings Trustee

 

The Collateral Composition page will identify the Originator:

Collateral Composition Originator

 

Identifies the Distribution payments for loans that are Delinquent, Foreclosure, Bankruptcy or REO:

Distribution Payments

 

Identifies the performance of the Trust and shows the percentage of problem loans:

Trust Performance Problem Loans

 

Prospectus filing for references:

Prospectis Filing for References

 

 

New Products

Many of the below referenced CFLA Produced and Copyrighted DVDs are now on sale for $195.00—a savings of $200.00 off the original DVD price. 

 

 

DVDs

Purchase Any 3 DVDs For $500

Special Offer — Online Only!

Purchase Any 3 DVDs for $500
(plus $9.95 Shipping & Handling)

ORDER DVDs

   
Mortgage Securitization and Quiet Title I Mortgage Securitization and Quiet Title I

Los Angeles, CA - Sept 10, 2011

ORDER DVD    
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
Mortgage Securitization and Quiet Title II Mortgage Securitization and Quiet Title II

Las Vegas, NV - January 7, 2012

ORDER DVD    
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
Quiet Title Workshop

Quiet Title Workshop

Atlanta, GA - February 11, 2012

ORDER DVD    
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
Bankruptcy Practice Bankruptcy Practice

Las Vegas, NV - March 31, 2012

ORDER DVD
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
Mortgage Securitization Auditor Training Class

Mortgage Securitization Auditor Training Class

Las Vegas, NV - April 20-22, 2012

ORDER DVD
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
Achieving Principle Reductions with Lenders by Creating Leverage

Achieving Principle Reductions with Lenders by Creating Leverage

New York, NY - June 30, 2012

ORDER DVD
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
SB-900 Homeowner Bill of Rights
SB-900 Homeowner Bill of Rights

Los Angeles, CA - January 19, 2013

ORDER DVD
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
Contract Litigation and UCC

Contract Litigation and UCC

Dallas, TX - February 16, 2013

ORDER DVD
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
Quiet Title Kings Tour

Quiet Title Kings Tour

New York, NY - March 30, 2013

with Anthony P. Vigna, Esq.,
Chad Elrod, Esq. and Jeff Jackson, Esq.

ORDER DVD
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
Foreclosure Defense Seminar

Foreclosure Defense Seminar

Miami, FL - May 4, 2013

with Chad Elrod, Esq.
and Jeff Jackson, Esq.

ORDER DVD
ONLY $195
(p
lus $9.95 Shipping & Handling)

   
Bloomberg Terminal Training with Billy F. Bowles

Bloomberg Terminal Training with Billy F. Bowles

ORDER DVD    
ONLY $99.95
(p
lus $9.95 Shipping & Handling)

 

 

CFLA, Inc

Study-at-Home Education Package

 

LIMITED TIME ONLY!

Entire Education Package

ONLY $695.00
plus $19.95 Shipping & Handling

 

“Study at Home “Education Package Includes More Than 60 Hours of State Bar Approved Study on Mortgage Securitization in each of the following jurisdictions: CA, NV, TX, FL, NY, GA .”

 

Learn Cutting Edge Foreclosure Defense Secrets and “How to Litigate Quiet Title Claims, in State & Federal Court, as well as how to utilize cutting edge “Mortgage Securitization in Advanced Litigation to Achieve Principle Reductions.”

 

The Complete Attorney Education Package will include State Bar Approved Instruction in all of the following States:

CALIFORNIA, NEVADA, TEXAS, FLORIDA, GEORGIA, and NEW YORK

 

The More than 50 hours of STATE BAR APPROVED video instruction included with this package.

 

Every package will include each of the following:

  • 6hr DVD- "Securitization in Litigation MCLE" (CALIFORNIA BAR)
    Taught by Timothy O’Reilly, Esq. and Patricia Rodriguez, Esq.
    (recorded on 09/10/11 in Los Angeles, CA)

 

  • 6hr DVD- "Mortgage Securitization MCLE" (NEVADA BAR)
    Taught by Patricia Rodriguez, Esq
    (recorded on 01/07/12 in Las Vegas, NV)

 

  • 7hr DVD- "Quiet Title MCLE" (GEORGIA BAR)
    Taught by Regis Sauger
    (recorded on 02/11/12 in Atlanta, GA)

 

  • 7hr DVD- "Foreclosure Defense Using Bankruptcy MCLE" (NEVADA BAR)
    Taught by Charles Christmas, Esq.
    (recorded on 03/31/12 in Las Vegas, NV)

 

  • 4hr DVD- "Mortgage Securitization Auditor Training Class" (CALIFORNIA BAR)
    Taught by Timothy O’Reilly, Esq on 04/22/12

 

  • 7hr DVD- “Achieving Principal Reductions While Creating Leverage With Banks” (NEW YORK BAR)
    Taught by Divina Westerfield, Esq
    (recorded on 06/30/12 in New York, NY)

 

  • 2hr DVD- "SB-900 Homeowner Bill of Rights" (CALIFORNIA BAR)
    Taught by Patricia Rodriguez, Esq
    (recorded on 01/19/13 in Los Angeles, CA)

 

  • 6hr DVD- "Contract Litigation and UCC" (TEXAS BAR)
    Taught by Chad Elrod, Esq and Jeffery Jackson, Esq
    (recorded on 02/16/13 in Dallas, TX)

 

  • 6hr DVD- "Quiet Title Kings Tour" (NEW YORK BAR)
    Taught by with Anthony P. Vigna, Esq., Chad Elrod, Esq.
    and Jeff Jackson, Esq.
    (recorded on 03/30/13 in New York, NY)

 

  • 6hr DVD- "Foreclosure Defense Seminar " (FLORIDA BAR)
    Taught by Chad Elrod, Esq. and Jeff Jackson, Esq.
    (recorded on 05/04/13 in Miami, FL)

 

  • 2hr DVD- HOW TO USE THE BLOOMBERG TERMINAL for Securitization Audits
    Presented by Billy Bowles on 04/25/12

 

  • BOOK- "CFLA Industry Samples"
    (over 500 pages of flow charts and CFLA © Samples)

SPECIAL FULL PACKAGE PRICE OF $995.00

ONLY $695.00 FOR A LIMITED TIME!

OR ORDER EACH INDIVIDUALLY, A LA CARTE

 


Books

Solve My Mortgage Mess Now!
CFLA Book
by Andrew P. Lehman, J.D.

ORDER BOOK

$99.95
(p
lus $9.95 Shipping & Handling)

 

Certified Forensic Loan Auditors, LLC
www.certifiedforensicloanauditors.com
Certified Forensic Loan Auditors, LLC
13101 W Washington Blvd Suite 140
Los Angeles, CA 90066

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Phone: 310-432-6304
Toll Free: 888-758-CFLA (2352)
Facsimile: 310-432-6303