San Francisco, California (PRWEB) March 12, 2009
Attorneys, real estate brokers and financial experts can understand about “Loan Modifications, Quick Sales, Foreclosures – Do’s and Don’ts” in a live webinar that will be offered Wednesday March 18, 2009. The 1.25-hour webinar starts at 12:15 p.m. Pacific Time.

This program’s distinguished faculty includes Wayne S. Bell, Chief Counsel and Assistant Commissioner of the California Division of Actual Estate.

The webinar is sponsored by the Litigation Section of the State Bar of California and provides 1.25 hours of total participatory MCLE credits, such as .5 hours of credit for ethics. The webinar is a reside audio and visual presentation with a knowledgeable faculty panel. Those who sign up can participate from a personal computer with an web connection and a phone. To register or for more info, visit the State Bar of California on the internet catalog.

Participants in the webinar will discover about:

Department of Real Estate licensing needs and exemptions – who can negotiate loan modifications? 
Scope of the attorney exemption from the DRE licensing specifications-Company & Professions code sections 10133(a)(three) & 10133.1(a)(5).
DRE Advance Fee Requirements – important elements of advance fee agreements and trust account specifications.
Lawyer-Broker Arrangements – ethical guidelines, prohibitions and pitfalls, like fee sharing under State Bar Rule 1-320 unauthorized practice of law failure to supervise risks and restrictions regarding joint advertising prohibition on referral costs and conflicts of interests. 
Mortgage Foreclosure Consultants Act, Civil Code section 2945, including “who is a mortgage foreclosure consultant and who is exempt?” requirements and limitations for mortgage foreclosure consultants and penalties for violation.
Home Equity Sales Act — Civil Code section 1695.three, which includes procedural and substantive needs for contracting with homeowner in foreclosure and prohibitions on unconscionable conduct.
Other Laws Pertaining to Loan Modifications and Foreclosures, like Civil Code section 2923.six (powerful July 8, 2008) [governing servicer’s duties below Pooling Agreements] Civil Code section 2923.five [lender/trustee may not file notice of default until 30 days following make contact with is produced with borrower to explore choices to steer clear of foreclosure] and SB 1737 (supplying discipline for any actual estate licensee who in connection with a short sale offers an inaccurate opinion of value in order to acquire a monetary advantage).
About the Faculty

Wayne S. Bell, Chief Counsel and Assistant Commissioner for Legal Policy & Recoery, California Division of Actual Estate. Mr. Bell is an advisor to the commissioner and is a member of the Commissioner’s executive committee. Prior to his appointment at DRE in 2006, Mr. Bell worked in the Workplace of the Basic Counsel of the California Housing Finance Agency (CalHFA).

Michele L. McGill, Law Workplace of Michele L. McGill, San Francisco. Ms. McGill is an attorney engaged in the practice of real estate law as well as elder monetary abuse and predatory lending matters. Ms. McGill has lectured on advance litigation strategies and treatments in actual estate and elder economic abuse instances. Ms. McGill is Secretary of the San Francisco Bar Association True Estate Section and is a member of the Executive Committee of the State Bar of California Litigation Section. She also serves as a judge pro tem for the San Francisco Superior Court as properly as a mediator for the Bar Association of San Francisco.

Diane Karpman, Karpman & Associates, Los Angeles. Ms. Karpman, a former State Bar Court Referee, is an ethics expert who has counseled lawyers for two decades. She has lectured to state and neighborhood bar associations. She is a contributing editor for Bender’s Attorney Ethics coauthor of the California Lawyer’s Guide to Expert Responsibility. She writes a month-to-month column known as “Ethics Byte” for the Cal Bar Journal.

Mark A. Mellor, Mellor Law Firm, Riverside. Mr. Mellor is a genuine estate, building and enterprise litigation attorney who has a secondary law firm, California Mortgage Help Coalition, APLC, exclusively operating on loan modifications. He is the past Chair and current advisor to the State Bar of California Litigation Section Executive Committee.

Fred Arnold. Mr. Arnold is President of the California Association of Mortgage Brokers and a mortgage broker with American Household Funding. In his capacity as President of CAMB, he has lectured genuine estate licensees concerning the Division of Real Estate guidelines and regulations regarding mortgage modification and brief sales.

The price tag of the webinar is $ 68.75. Right after the reside webcast, the webinar will be accessible for viewing by means of the State Bar of California on-line catalog.

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