Foreclosure Video Series

PALM–Practical Application of Loss Mitigation: This webinar will help REALTORS® understand the role Loss Mitigation plays when a consumer is in default and to provide clarity on when a loan is typically moved from the Customer Service division to Loss Mitigation and an understanding of the options, lender guidelines and representation responsibilities.

Don’t Buy Blind: When the Seller is the Lender. This webinar will cover effective methods to work with lenders on the sale of foreclosed properties.

Getting to the Closing Table: This webinar will provide a closer look at the things which cause delays or cancelled transactions and counter them, and outline the new duties of listing and buying agents when trying to transact a pre-foreclosure, short sale or bank owned property.

Secrets of a Professional BPO: This webinar will instruct REALTORS® on determining—prior to listing—what is the true value of a property in markets affected by foreclosure, short sale and pre-foreclosure comparables. The increased volume of foreclosures has altered the landscape of preparing a professional price opinion.

Nobody Told me that Was Mortgage FraudThis webinar will help agents recognize if the terms of the loan and/or the appraised value of the property were the underlying cause of default. REALTORS® will learn how predatory lending can be a contributing factor in foreclosure and how to develop a defense strategy for their client to address the underlying cause.

Fair Housing in a Changing Market: This webinars includes a new look at more effective way of property valuation using long form BPO—(Fannie Mae standard) and supporting documentation as a way to demonstrate due diligence in making price recommendations especially with short sale or REO offers and to address the issue of inadvertently steering concerning short sales or REO Properties. The program will seek to clarify for attendees the issues surrounding bankruptcy, and how to best represent borrowers in the foreclosure process.