Friday, March 6, 2009 from 8:30 a.m. to 4:00 p.m. at

IHCDA, 30 South Meridian, 8th floor Indianapolis

This 6.5 hour CEU (approved) and CLE (pending) will help you understand and leverage new loan modification programs driven by the current mortgage crisis. Topics include the prevalence of modifications in the current environment, new crisis driven workout programs, the mechanics of arranging a workout, working with servicers, tax consequences, credit repair, and working through a loan modification case study.

THIS COURSE IS CURRENTLY FILLED

Want to download a flyer? Click HERE

Want to download an agenda? Click HERE

Want to download and mail a registration? Click HERE

Use this link to reserve overnight rooms at the Sheraton. The Group is The National Consumer Law Training. The room cost is $140 plus tax.

Topics Include:

Data on the Types, Nature & Prevalence of Loan Mods in the Current Environment

Overview of Traditional Loan Workout Options

Crisis Driven Workout Programs

- Menu of Current Programs

- Overview of Specific Requirement

The Mechanics of Arranging a Workout

- Gathering Information on the Loan

- Calculation of Arrearage & Payoff Amounts

- Examining the Information and Challenging Errors

- Dealing with Foreclosure and Fees and Costs

- Drafting an Effective Hardship Letter

- Meeting Documentation Requirements

Working with Servicers

Traps and Tricks Related to an Agreement

- Credit Repair

- Tax Consequences

- Waiver

- Confidentiality

- Enforceability

Loan Modification Case Study

NOTE: Attendees are encouraged to bring laptops for the case study

Pre-registration deadline is noon, Monday, March 2, 2009

Registration will occur from 8:00 - 8:30 with the program starting promptly at 8:30

Cost is $50.00 for PRIVATE ATTORNEYS

Cost is $15.00 for NOT-FOR-PROFIT ATTORNEYS

Cost is $15.00 for HOUSING COUNSELORS

Lunch is provided at no additional cost

Parking is available at Circle Center parking, directly below the building at 30 S. Meridian Street. There are also a number of public lots in the area.

Questions? contact Marcy Wenzler at 812.339.7668

*With support from the Indiana Housing & Community Development Authority and the Institute for Foreclosure Legal Assistance (IFLA is a project of the Center for Responsible Lending, managed by the National Association of Consumer Advocates).