Fundamentals of Forbearance Agreements Online Webinar

Learn Everything You Need To Know About Forbearance Agreements

Fundamentals of Forbearance Agreements Online Webinar

Pay Upfront US$219
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Learn Everything You Need To Know About Forbearance Agreements

What are the critical actions and legal issues that a lender should consider when entering into a forbearance agreement?Oftentimes, borrowers encounter a temporary hardship that prevents them from making mortgage payments on a timely basis. When contacted by this borrower for assistance, a forbearance agreement may be the solution to their problem. This topic will provide insight to the person negotiating or drafting forbearance agreements on behalf of creditors as to what provisions should be included in forbearance agreements. This topic is critical for creditors wishing to avoid loss of priority, Statute of Limitations issues and litigation, should the borrowers default after executing the forbearance agreement.

Course Fast Facts:

  1. Learn the everything you need to know about Forbearance Agreements
  2. Comprehensive agenda covering Fundamentals of Forbearance Agreements
  3. Study along with simple instructions & demonstrations
  4. Written and developed by leading Forbearance Agreements instructors
  5. Certificate of completion
  6. Available in multiple formats where you can choose the best format fo your needs

Available in :

  • OnDemand Webinar : Archived webinar presentation with audio and slideshow including downloadable reference manual. Watch online anytime.
  • Audio & Reference Manual : PDF and MP3 files delivered on a USB flash drive. Listen and read on any compatible device.
  • MP3 Download : Audio recording of a webinar and reference manual delivered by download. Listen anytime on any compatible device.

Course Delivery

This program is available in several formats. Upon enrolment an automated welcome email will be sent to you (please check your junk email inbox if not received as this is an automated email), in order for you to access your online course

Recognition & Accreditation

All students who complete this course, receive a certificate of completion with a passing score (for the online assessment) and will be issued a certificate via email.

This course is being supplied by Lorman.

Distinguishing Forbearance Agreements From Loan Modifications

  • Loan Modifications Are Permanent; Forbearance Agreements Are Temporary
  • Forbearance Agreements as "Trial Modifications"
  • When Are Consents From Subordinate Lien Holders or Guarantors Required?
  • Clearing Title While Forbearance Agreement in Effect Prior to Entering Into a Loan Modification

Forbearance Agreements Can Be Entered Into Before or During Foreclosure Action Commenced

Dual Tracking Prohibition Against Entering Judgment If Borrower Is Complying With Forbearance Agreement

Acknowledgments

  • Ratification and Confirmation of Loan Docs
  • Acknowledging Total Amount of Debt Including Interest, Late Charges, and Legal Fees and Costs
  • Acknowledging Debt and Expressing Intent to Pay
  • Estoppel Certificates

Providing Remedies for Subsequent Default

  • Notice Requirements
  • Proceeding Ex Parte
  • Cancelling "Forgiveness" and Proceeding With Foreclosure

GENERAL REQUIREMENTS:

Entry Requirements
Students must have basic literacy and numeracy skills.

Minimum education
Open entry. Previous schooling and academic achievements are not required for entry into this course.

Computer requirements
Students will need access to a computer and the internet.

Minimum specifications for the computer are:

Windows:
Microsoft Windows XP, or later
Modern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)

MAC/iOS:
OSX/iOS 6 or later
Modern and up to date Browser (Firefox, Chrome, Safari)

All systems
Internet bandwidth of 1Mb or faster
Flash player or a browser with HTML5 video capabilities (Currently Internet Explorer 9, Firefox, Chrome, Safari)


For LIVE WEBINARS:

Q:  What is the webinar viewer?
A:  Not every live webinar will have the webinar viewer. The webinar viewer is an online PowerPoint® presentation that the speaker will manipulate. You can access the webinar viewer through a link provided in your confirmation email.  Again, Internet access is required.

Q:  What is a live webinar?
A:  A live webinar is a live training program in which the audio is streamed over the Internet or accessed over phone lines and the written materials are accessed via the Internet. Audio and video reception capabilities of your computer set-up is required.

Q:  How do I access the live webinar?
A:   Once you have registered for the live webinar, you will receive a confirmation email with a link and an individual PIN to stream the audio over the Internet and access the reference materials.

Q:  How do I access the reference materials?
A:  Your confirmation email includes a link to the reference materials for your live webinar. The reference materials are typically available for download a day or two before the live webinar.

For OnDemand WEBINARS:

Q:  What is an OnDemand webinar?
A:  OnDemand webinars are self-paced online programs that allow you to earn continuing education credit at your convenience. Each program includes a downloadable PDF reference manual. A PDF viewer is required.

Q:  My OnDemand webinar is not functioning properly. What can I do?
A:  Adobe Flash 9+ with Javascript enabled is needed to view the program.

Peter T. Roach, Esq.

Peter T. Roach, Esq.

Peter T. Roach & Associates, P.C.

  • President of Peter T. Roach & Associates, P.C.
  • Practices in all areas of mortgage default servicing, including foreclosure, loss mitigation, bankruptcy, litigation, evictions and REO sales throughout the entire State of New York
  • Lecturer for St. John’s University Continuing Legal Education Program and many other organizations
  • Member of numerous professional and civic organizations
  • J.D. degree, St. John’s University – School of Law; B.A. degree, State University of New York at Binghamton
About this Course

Learn Everything You Need To Know About Forbearance Agreements

What are the critical actions and legal issues that a lender should consider when entering into a forbearance agreement?Oftentimes, borrowers encounter a temporary hardship that prevents them from making mortgage payments on a timely basis. When contacted by this borrower for assistance, a forbearance agreement may be the solution to their problem. This topic will provide insight to the person negotiating or drafting forbearance agreements on behalf of creditors as to what provisions should be included in forbearance agreements. This topic is critical for creditors wishing to avoid loss of priority, Statute of Limitations issues and litigation, should the borrowers default after executing the forbearance agreement.

Course Fast Facts:

  1. Learn the everything you need to know about Forbearance Agreements
  2. Comprehensive agenda covering Fundamentals of Forbearance Agreements
  3. Study along with simple instructions & demonstrations
  4. Written and developed by leading Forbearance Agreements instructors
  5. Certificate of completion
  6. Available in multiple formats where you can choose the best format fo your needs

Available in :

  • OnDemand Webinar : Archived webinar presentation with audio and slideshow including downloadable reference manual. Watch online anytime.
  • Audio & Reference Manual : PDF and MP3 files delivered on a USB flash drive. Listen and read on any compatible device.
  • MP3 Download : Audio recording of a webinar and reference manual delivered by download. Listen anytime on any compatible device.

Course Delivery

This program is available in several formats. Upon enrolment an automated welcome email will be sent to you (please check your junk email inbox if not received as this is an automated email), in order for you to access your online course

Recognition & Accreditation

All students who complete this course, receive a certificate of completion with a passing score (for the online assessment) and will be issued a certificate via email.

This course is being supplied by Lorman.

Distinguishing Forbearance Agreements From Loan Modifications

  • Loan Modifications Are Permanent; Forbearance Agreements Are Temporary
  • Forbearance Agreements as "Trial Modifications"
  • When Are Consents From Subordinate Lien Holders or Guarantors Required?
  • Clearing Title While Forbearance Agreement in Effect Prior to Entering Into a Loan Modification

Forbearance Agreements Can Be Entered Into Before or During Foreclosure Action Commenced

Dual Tracking Prohibition Against Entering Judgment If Borrower Is Complying With Forbearance Agreement

Acknowledgments

  • Ratification and Confirmation of Loan Docs
  • Acknowledging Total Amount of Debt Including Interest, Late Charges, and Legal Fees and Costs
  • Acknowledging Debt and Expressing Intent to Pay
  • Estoppel Certificates

Providing Remedies for Subsequent Default

  • Notice Requirements
  • Proceeding Ex Parte
  • Cancelling "Forgiveness" and Proceeding With Foreclosure

GENERAL REQUIREMENTS:

Entry Requirements
Students must have basic literacy and numeracy skills.

Minimum education
Open entry. Previous schooling and academic achievements are not required for entry into this course.

Computer requirements
Students will need access to a computer and the internet.

Minimum specifications for the computer are:

Windows:
Microsoft Windows XP, or later
Modern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)

MAC/iOS:
OSX/iOS 6 or later
Modern and up to date Browser (Firefox, Chrome, Safari)

All systems
Internet bandwidth of 1Mb or faster
Flash player or a browser with HTML5 video capabilities (Currently Internet Explorer 9, Firefox, Chrome, Safari)


For LIVE WEBINARS:

Q:  What is the webinar viewer?
A:  Not every live webinar will have the webinar viewer. The webinar viewer is an online PowerPoint® presentation that the speaker will manipulate. You can access the webinar viewer through a link provided in your confirmation email.  Again, Internet access is required.

Q:  What is a live webinar?
A:  A live webinar is a live training program in which the audio is streamed over the Internet or accessed over phone lines and the written materials are accessed via the Internet. Audio and video reception capabilities of your computer set-up is required.

Q:  How do I access the live webinar?
A:   Once you have registered for the live webinar, you will receive a confirmation email with a link and an individual PIN to stream the audio over the Internet and access the reference materials.

Q:  How do I access the reference materials?
A:  Your confirmation email includes a link to the reference materials for your live webinar. The reference materials are typically available for download a day or two before the live webinar.

For OnDemand WEBINARS:

Q:  What is an OnDemand webinar?
A:  OnDemand webinars are self-paced online programs that allow you to earn continuing education credit at your convenience. Each program includes a downloadable PDF reference manual. A PDF viewer is required.

Q:  My OnDemand webinar is not functioning properly. What can I do?
A:  Adobe Flash 9+ with Javascript enabled is needed to view the program.

Peter T. Roach, Esq.

Peter T. Roach, Esq.

Peter T. Roach & Associates, P.C.

  • President of Peter T. Roach & Associates, P.C.
  • Practices in all areas of mortgage default servicing, including foreclosure, loss mitigation, bankruptcy, litigation, evictions and REO sales throughout the entire State of New York
  • Lecturer for St. John’s University Continuing Legal Education Program and many other organizations
  • Member of numerous professional and civic organizations
  • J.D. degree, St. John’s University – School of Law; B.A. degree, State University of New York at Binghamton

We provide a 7 Day Money Back Refund on all Courses

Pay Upfront US$219
Delivery Method
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Course Summary

Course ID: 101LRFFA
Delivery Mode: Online
Access: 90 days
Tutor Support: Yes
Time: 87 minutes
Qualification: Certificate

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