This comprehensive procedural orientation to the foreclosure process and alternatives to foreclosure is a new practitioner's dream come true. Expert faculty identify all of the options available for loan defaults and guide you through their mechanics – from forbearance agreements and loan modifications to short sales and the foreclosure process itself. Get the most bang for your buck - order today!

1. The Foreclosure Process
2. Loss Mitigation Overview
3. Forbearance Agreements – Structure and Important Provisions
4. Loan Modifications
5. Short Sale Procedures
6. Deeds-in-Lieu of Foreclosure
7. Receivership
8. Foreclosure Mediation
9. Ethical Considerations When Dealing With Distressed Property

1. The Foreclosure Process
   9:00 - 10:30, Dean S. Talaganis
   1. Curing Title Problems Prior to Commencing the Action
   2. Foreclosure Timeline
   3. Demand Letter
   4. The Foreclosure Action – Lis Pendens, Parties Named, Summons, Complaint
   5. Foreclosure/Sheriff's Sale – Notice Requirements, Bidding Process, Closing, Etc.
   6. Pursuit of Guarantors
      1. Before Foreclosure Sale?
      2. Checking Percentage Guarantees
   7. Deficiency Judgment Issues
2. Loss Mitigation Overview
   10:45 - 11:00, Edward G. Bohnert
3. Forbearance Agreements – Structure and Important Provisions
   11:00 - 11:30, Edward G. Bohnert
   1. Forbearance Agreement Overview and Variations
   2. Review of Existing Loan Documentation
   3. Debtor Provisions – What the Debtor Wants to Avoid
   4. Creditor Provisions – What the Creditor Wants to Include
4. Loan Modifications
   11:30 - 12:15, Edward G. Bohnert
   1. Programs and Incentives Available
   2. Submitting a Loan Modification Request
   3. Handling Your Client's Case
   4. Negotiating the Best Possible Loan Modification
5. Short Sale Procedures
   1:15 - 1:45, Edward G. Bohnert
   1. What is a Short Sale and When can it be Done?
   2. Benefits of Short Sales
   3. Parties Involved
   4. Navigating the Process
   5. Short Sale Request
   6. Short Sale Package – Review of Documents Included
   7. Implications of a Short Sale
6. Deeds-in-Lieu of Foreclosure
   1:45 - 2:15, Dean S. Talaganis
   1. What is a Deed-in-Lieu and When Should You use It?
   2. Liabilities Associated With Deeds-in-Lieu
   3. Junior Liens and Non-Merger Provisions
7. Receivership
   2:15 - 2:45, Edward G. Bohnert
   1. Types of Receivers (and Reasons to Appoint Them)
   2. Rights Involved in Appointing a Receiver
   3. Procedures for Appointing a Receiver
   4. Interplay of Bankruptcy
   5. Title Insurance Considerations
   6. Receiver Sale – What You Need to Know
8. Foreclosure Mediation
   3:00 - 3:30, Edward G. Bohnert
9. Ethical Considerations When Dealing With Distressed Property
   3:30 - 4:30, Dean S. Talaganis
   1. Client-Lawyer Relationship – Scope of Representation
   2. Conflicts of Interest
   3. Lender Liability Issues
   4. Mortgage Foreclosure Defense
   5. Attorneys' Fees and Expenses

EDWARD G. BOHNERT is an attorney in the law firm of Reimer, Arnovitz, Chernek & Jeffrey Co., L.P.A. Mr. Bohnert joined the firm in 2004, after 24 years of private practice concentrating in foreclosure, bankruptcy and creditors' rights litigation. He has written and lectured extensively on topics related to foreclosure law. Mr. Bohnert was admitted to the Ohio Bar in 1980, and is also admitted to practice in the United States District Courts for the Northern District of Ohio and Southern District of Ohio, and the United States Court of Appeals, Sixth Circuit. He earned his B.A. degree, magna cum laude, from John Carroll University and his J.D. degree, magna cum laude, from the Cleveland-Marshall College of Law, Cleveland State University.

DEAN S. TALAGANIS is a partner with Morris Hardwick Schneider and the district president for the firm's Ohio operations. His responsibilities includes managing the REO title and closing office, underwriting, title examination, and the processing of residential and commercial loans and closings. He regularly markets the firm's legal and title services on a local and nationwide basis. He is also a periodic speaker on matters related to title insurance and closing issues, foreclosures, collections, and ethics. Mr. Talaganis was the vice president of Business Development & Client Relations for a large title agency prior to joining Morris Hardwick Schneider, overseeing the states of Ohio, Michigan and Kentucky. A member of the Ohio Bar and Ohio Land Title associations, Mr. Talaganis is a licensed attorney in Ohio, admitted to practice before the U.S. District Court (Northern and Southern districts of Ohio) and the U.S. Claims Court. He is also a licensed title insurance agent in Ohio and Michigan. Mr. Talaganis earned his B.S.B.A. degree from Youngstown State University and his J.D. degree from Capital University Law School. He has had articles published by the Ohio Land Title Association, National Foreclosure Professional news magazine, REOMAC monthly newsletter, Servicing Management magazine, and DS News.

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Phone: 866-240-1890

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