Special Industry Issues Program
Mortgage Fraud, Short Sales, and Foreclosures

The MLTA has collaborated with the DOC, FBI and related trade associations including the MBA and MAR to develop educational opportunities about mortgage fraud and RESPA reform. The following event is the first program that will be held jointly. A second program conducted by the Minnesota Department of Commerce and HUD is expected to be available in early winter.

Mortgage Fraud: Helping Protect the American Dream
Mike Dudley, Jennifer Khan and Ann Raymer
Did you know that Mortgage Fraud ranks as the third highest issue of the FBI in Minnesota and the Dakotas? And because of the problems associated with mortgage fraud we’ve put a program together geared to industry professionals. The presentation will cover the different criminal violations usually present in mortgage fraud; typical participants in a mortgage fraud scheme; descriptions of the types of schemes involved in mortgage fraud; and warning flags that there may be mortgage fraud occurring. Case studies of high profile mortgage fraud cases will be used to highlight the above information. The presentation will be made by the FBI and the Hennepin County Attorney’s Office.

Perils, Pitfalls, and Risk Management in the Foreclosure Driven Market
Brad Boyd
This course is designed to address common risks, pitfalls and traps for the unwary facing real estate agents and their clients in foreclosure, REO, and short-sale transactions. Information will be provided to assist real estate agents in understanding issues they and their clients face in REO and short sale transactions, and de-mystify the purchase and sale process. It will also address common questions, concerns, and misconceptions that are occurring in the marketplace. The instructor is Brad Boyd, MNAR General Counsel and an attorney with the Thomsen, Nybeck law firm in Edina.

LOCATION
Sheraton Bloomington Hotel
7800 Normandale Blvd.
Bloomington, MN 55439

FEES
Advance registration $65
On-site registration $89 (available only if space permits)
Fees include morning refreshments and Danish, box lunch and afternoon refreshments.

REGISTRATION
We have room for 1000 attendees and believe that the class will fill up quickly. Registration will be on a first-come, first-served basis.

CEU
This program has been submitted to the state in consideration for Closer Pre-Licensing CEU’s.

CANCELLATION/REFUND POLICY
Attendees are entitled to a full refund if they cancel by December 10, 2009.