CFLA Announces State Bar Approved Quiet Title CLE on September 7, 2013 in Brooklyn, NY

    NEW YORK, NY, August 07, 2013 /24-7PressRelease/ -- Every day, more and more Americans are foreclosed upon despite the known irregularities in loan documents, fraud, predatory lending practices, contract law violations, and many actionable torts, on behalf of major lending institutions, loan servicers, investment banks, and even government institutions. As attorneys, we knew there had to be an easier, more affordable way for industry professionals to obtain access to the world of "hidden trade secrets" that our team of experts has developed.

Register online or phone 888-758-CFLA (2352): http://www.CertifiedForensicLoanAuditors.com

Pricing

$495 from August 3rd - 31st
$595 from September 1st - 7th (At the Door)

Location

New York Marriott at the Brooklyn Bridge
333 Adams Street
Brooklyn, New York 11201
(Group Discount Rates Available up to 2 weeks prior)

Instructors

Chad Elrod
Education
South Texas College of Law, J.D. (2008)
The University of Houston, B.S. (2005)

Admissions
State Bar of Texas (2008)

Professional Affiliations
Houston Young Lawyers Association

Community Activities
Bridge to Eden, Non-Profit (Director)

Anthony P. Vigna

Education
New York Law School, LLM Tax (2012)
Pace University School of Law, JD Law (1988)
Pace University (1983) MBA Finance
Pace University (1979) Accounting/CPA

Andrew P. Lehman, J.D.

Education
Houston Graduate School of Theology,
(Phd. In progress)
West Coast College of Law, J.D. (2006)
The University of Houston, B.B.A. (2001)

Bio
Andrew Lehman is the creative inspiration behind CFLA, which has rapidly expanded to become the premier online legal destination for Attorneys, small businesses and consumers in the Foreclosure Defense Industry.

Class Schedule

The Fundamentals of Securitization
* What is securitization?
* History of Mortgage Securitization

The Securitization Parties and Their Roles
* Pooling and Servicing Agreements
* Originator-Bank that originated the loan
* Sponsor/Seller-middle bank bought note from originator and sold to depositor to package in the trust - most missed the closing date
* Depositor-Bank that sold the Note to the Investor
* Issuing Entity - The Trust: Closing Date, Lack of Standing, MERS
* Every Mortgage is supposed to be registered on this system
* Intended during the 1990's to cut recording costs/fees for the banking industry; also helped hide chain of title from the public
* Approximately 65 million mortgages=Mers is beneficiary or nominee
* Each time the NOTE was transferred by law there was supposed to be a duly signed assignment (from Originator to Sponsor/Seller to Depositor); this did not occur in most cases

Mortgage Securitization Audit
* Shows exactly how many times the note has been sold and into which trust (classes); in some instances the note has been sold multiple times as if it was the first time the Note was sold - Securities Fraud
* Shows the note has been paid off - answer to tender rule

Quiet Title
* What is Quiet Title?
* Steps to Quiet Title Litigation: Title Search - Public Record Search, Complaint for Quiet Title
* How to use audits in litigation
* Discovery Issues
* Settlement of Case or Judgment of Quiet Title
* Settlement: Principal Reduction, Interest Reduction, Credit Report - Paid as Agreed, No 1099 in Settlement
* Judgment of Quiet Title: Free and Clear Property, Unsecured Note, Asset Protection
* Summarize, Acknowledgements and Conclusions

The Securitization Parties and Their Roles

New York Quiet Title Law in the Foreclosure Defense Context

Nature and Purpose of Relief

Mortgage Lien Validity as a Cloud on Title

Practice and Procedure
* Jurisdiction
* Limitation
* Parties
* Pleading
* Judgments
* Answers and Counterclaims
* Burden of Proof and Trial

Post Foreclosure Sale Relief (Wrongful Foreclosure)

New York Case Studies: Proper Pleading of Quiet Title in Mortgage Context

Assignee's/Transferee's Standing to Foreclose
* Standing Generally
* Negotiable Instruments (UCC Art. III)
* Assignments vs. Transfers
* Mortgage Assignments (State Law)
* Contents
* Proper Effection
* UCC Art. III Transfers (UCC and State Law)
* Pre-Requisites of a Negotiable Instrument
* Pre-Requisites of a Transfer
* Holder Status vs. Holder in Due Course Status

New York Case Studies: Standing to Foreclose

Basics of a Homeowner Workout
* Reinstatement
* Bankruptcy
* Deed in Lieu of Foreclosure
* Modification
* Short Sale

Testimonials

"Any attorney that practices foreclosure litigation should attend this seminar even if s/he is not going to prepare, the lawyer needs to understand the concept"
Valmiro L Donado

"My expectations were exceeded. I have been a Real Estate professional since 1993 and have simply followed guidelines established. This course has opened my eyes to all the reasons of 'why'."
Michael Bakkers

"The class was extremely informational. The instructors were exceptional. I will use this information in all my reports, which in turn will help my clients."
Rhonda Arellano

"Every student will learn useful information on chain of title and bank violation of TILA, RICO, etc."
Sharon Giles

"This course will help me and my real estate title company grow to great heights."
Adrian Jaymes

"It is a life-changing experience?both in knowledge and spirit."
Guido Gil

"Take this class! Fighting mortgage fraud without this information is like flying blind in the mountains."
Melanie Sandlin

"This is a great class. I've obtained what I needed. This is a class every homeowner should enlist in. The information is priceless. Great, great class."
Heidi Amaya

"If you are serious about this business, this is the place to go."
Han Seals

"I would highly recommend; with the evolution of the law in this area. It is highly important to get continued updates and to be part of a group to bounce ideas with for the good of the whole process."
Ken Rodman

"CFLA is one of the only business entities offering a one-stop shop where an attorney can get education, pleadings, research and practice support in the field of foreclosure defense. The attorney networking opportunities provided by CFLA are very valuable."
Charles Christmas

"Class was very informative; instructors were great! Information is greatly needed if you are facing foreclosure. CFLA has opened the doors for litigating these cases."
Rhonda Arellano

"The course was well presented and the instructors were very knowledgeable about subject matters."
Leonard S. Needles

"Very detail oriented training and professional experience, I learned more than expected."
Diane Rodriguez

"GREAT!!! A must for all Mortgage Professionals!! A++++."
Nani

"The instructors were A++++. Thank you CFLA!!!! This class was worth every penny!"
Fernando

"Very well organized, structured, clear and concise. I highly recommend this course!"
Sally Figuierido

"We are the Nation's first and only recognized CFLA Accredited, Mortgage Securitization Auditor Training Class"?A comprehensive, 24-hour, in-person training course."

For further information, please contact:

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

Toll Free: 1-888-758-CFLA (2352)

http://www.CertifiedForensicLoanAuditors.com

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State Street electronic FX chief departs in leadership shake-up

BOSTON, April 13 | Sat Apr 13, 2013 1:59pm EDT

BOSTON, April 13 (Reuters) - State Street Corp said on Saturday the top executive of its electronic foreign exchange trading business has left the company in a leadership shake-up.

The departure of Clifford Lewis raises questions about the direction of Boston-based State Street's high-frequency trading platform for forex called Currenex. Lewis was chief executive and chairman of Currenex when State Street agreed in 2007 to buy the company for nearly $600 million in cash.

"Because we have combined teams and solutions that previously resided within other business units, we've had to make tough decisions about leadership, and Cliff Lewis left as a result of those decisions," said State Street spokeswoman Carolyn Cichon. "We are very grateful for the contributions he has made and strong management team that he leaves behind."

Lewis did not return messages seeking comment. He was an executive vice president at State Street and head of the e-Exchange business, which includes Currenex, FXConnect and a range of other trading platforms. The e-Exchange FX businesses averaged over $150 billion in daily volume in 2012, making them one of the largest FX trading platforms in the world. Lewis also managed State Street's derivatives and bond clearing businesses.

View the original article here

Vermont selects CGI to deliver state health benefit exchange

CGI Group Inc. (NYSE: GIB) (TSX: GIB.A), a leading provider of information technology and business process services, today announced that the State of Vermont has contracted CGI to deliver the technology infrastructure for Vermont Health Connect, the state’s health benefit exchange.

CGI’s technology solution for the new health marketplace will enable individuals, families, and small businesses in Vermont to compare and purchase qualified private health insurance plans. Vermonters can determine eligibility for and enroll in public health insurance plans, as well as access federal tax credits, all at the same time. 

Robin Lunge, the Director of Health Care Reform, said, “Currently, CGI is working to build the federal exchange as well as the exchanges in Hawaii, Colorado, and Massachusetts. Our partnership with CGI will ensure that we are learning from other states’ experiences. Basically, we will not be recreating the wheel. Instead, we will take advantage of existing resources to reduce costs and reuse them in a way that works for our state.”

Over the next year, CGI will work with Vermont to leverage and build on technology products and structures it already has in place. In partnership with the State, CGI will deliver an exchange that guides Vermonters through the process of finding health coverage. The Vermont Health Connect technology infrastructure will complement the state’s premium billing process and the Customer Support Center, where Vermonters can call for help related to finding healthcare plans.  

“I’m pleased that this is yet another indication that we’re on track to offer Vermonters health coverage—whether public or private—in an accessible, straightforward way. Vermont Health Connect will provide Vermonters with the unique opportunity to make apples-to-apples comparisons of their health coverage options,” said Mark Larson, Commissioner of the Department of Vermont Health Access.

“We are excited to partner with Vermont to build its health insurance marketplace and improve the health benefit selection experience for its citizens,” said Gregg Mossburg, Senior Vice-President, CGI.  

CGI and Vermont Health Connect
For more information on CGI’s work with Vermont, explore this recent coverage from CNBC:
Story – State Exchange Buildout Shifts Into High Gear
Video – Big Deadline, Big Bucks

About CGI
Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. With approximately 71,000 members located in offices and global delivery centers in the Americas, Europe and Asia Pacific, CGI offers a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as a wide range of proprietary solutions. Further to the recent acquisition of Logica, CGI’s annualized revenue is in excess of C$10 billion, with an estimated order backlog of approximately C$18.3 billion; its shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the FTSE4Good Index. Website: www.cgi.com.

For more information:

Investors
Lorne Gorber
Senior Vice-President, Global Communications and
Investor Relations
lorne.gorber@cgi.com
514-841-3355

Media
Linda Odorisio
Vice-President, Global Communications
linda.odorisio@cgi.com
703-267-8118

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