Coming to Los Angeles 7/21/12 - "Mortgage Securitization in Litigation" (Bar Pending Approval) MCLE

Certified Forensic Loan Auditors, LLC Announces "Mortgage Securitization in Litigation" - An Attorney MCLE (6 hour) class in Los Angeles, CA on July 21, 2012 with presenter, Timothy L. O'Reilly, Esq.

Online PR News – 16-April-2012 – Los Angeles, CA – Seminar Speaker

Timothy L. O'Reilly, Esq.
Timothy L. O’Reilly is a highly skilled trial lawyer with extensive experience in handling both civil and criminal matters. He has worked in both private practice as well as government service. Timothy has a great reputation for being a professional, who is a strong and tough advocate, and who is a true fighter for his client’s cause. He has tried dozens of cases to a jury and has an outstanding success record on matters he handles.

In recognition of his skill and professional standards, Timothy was honored with the recognition and rating by the prestigious Martindale-Hubble lawyer peer rating system at its highest level rating of “AV” (Preeminent Skills, Highly-Ethical).

Timothy’s legal experience ranges from handling the simple to the complex in a wide variety of legal areas. He has worked on both the plaintiff and defense side of cases. His experience ranges from handling business and construction contract disputes, real estate litigation, personal injury matters, governmental administrative/licensing actions, and appellate work. Coupled with his vast range of experience in handling criminal cases, he has made himself well known, and well trusted, in the legal community and courts.

He is currently the Senior Trial Lawyer with AVID Law Center, an Orange County law firm, representing consumers in mortgage, banking, and real estate law. His primary practice area is in Mortgage Securitization and Foreclosure Defense Litigation. He frequently lectures on the subject of Mortgage Securitization and its impact on the foreclosure crisis. He holds a certification as a Mortgage Securitization Auditor through Certified Forensic Loan Auditors, a California Department of Real Estate Broker’s License, with an endorsement as a licensed Mortgage Loan Originator from the National Mortgage Loan System.

Previously, he worked with Taubman, Simpson, Young & Sulentor, an over 100 year old law firm in Long Beach, where he focused on contract litigation and business law trial work. Timothy previously served as the Assistant City Prosecutor in the Long Beach City Prosecutor’s Office. He joined that office as a Deputy Prosecutor shortly after returning from an overseas military deployment and, within a short period of time, he proved his skills as an outstanding prosecutor and trial lawyer before being selected for the highest appointed position. While there he supervised all court operations, office policy, budget matters, and over 20 attorneys. He held oversight responsibility for the prosecution of literally tens of thousands of cases.

Timothy was privileged to have the opportunity of working for over 15 years with two of Long Beach’s most distinguished and notable trial attorneys, Edward P. George, Jr., and Albert C. S. Ramsey. There, his practice focused on representing prominent and high profile clients in all aspects of both civil and criminal cases.

He also known leader in the local community. As a past President of both the Long Beach Bar Association and the Long Beach Barristers, he was credited with leading the Bar Association’s initial efforts in starting the process of getting a new courthouse in Long Beach. He chaired numerous legal committees and worked closely with Judges toward improving the delivery of justice services. In the past he has been a police academy instructor, finance and community advisory committee member, as well as being a “Cubmaster” for one of the largest Cub Scout Packs in Orange County.

He earned his law degree from Whittier College School of Law, where he was on the Honor Roll, Dean’s List, Law Review, and Moot Court Honors Board. He is a graduate of California State University, Long Beach, with a Bachelor of Arts degree in Political Science, Public Law.

While at Long Beach State, he earned a commission in the United States Army as a Field Artillery officer and was named Distinguished Military Graduate. In 1986, he was appointed to the California Army National Guard. He has mobilized several times during his 25-year military career. These mobilizations include armed service in a law enforcement role, leading soldiers on the streets during the 1992 Los Angeles Riots; humanitarian/peace-keeping service following the 1994 Northridge Earthquake; and in 2005, was assigned to the Joint Detention Operations Group, Guantanamo Bay, Cuba, in the role of a military police/correctional officer, as the Deputy and acting Operations Officer (S-3), and later assigned as the Civil-Military Affairs Officer (S-5). His responsibilities included ensuring the safe and humane care and treatment of the unlawful detainee enemy combatants. He is a graduate of the U.S. Army Command and General Staff College, Ft Leavenworth, Kansas, has recently retired with the rank of Lieutenant Colonel. Among his many military awards and decorations are the Defense Meritorious Service Medal, Meritorious Service Medal, Army Commendation Medal, Joint Service Achievement Medal, Global War on Terrorism Expeditionary Medal, Humanitarian Service Medal, and the Air Assault Badge. He is a member of the Veteran’s of Foreign Wars, American Legion, and the Military Officers Association of America.


7:30 a.m. - 8:00 a.m. – Registration

8:00 a.m. - 8:15 a.m. – Welcome & Administrative Announcements

8:15 a.m. - 10:15 a.m. – Fundamentals of Securitization (120 min)

• What is Securitization?
• Mortgage Securitizing Basics
• The Securitization Parties and Their Roles
• MERS – Mortgage Electronic Registration System, Inc.
• Pooling and Servicing Agreements
• Transfers of Mortgage Loans to Trusts
• Cut-off and Closing Dates
• 90-Day REMIC Rule
• Security Instrument Transfer Rules

10:15 a.m. - 10:35 a.m. – Morning Break

10:35 a.m. - 11:15 p.m. – Fundamentals of Securitization (Continued)
(40 mins)

• Form of Endorsements of Notes
• Standing Arguments on Transfers and Perfection
• New York Trust Law
• Transfer and Delivery Rules
• Assets, Notes & Collateral

11:15 a.m. - 12:00 p.m. – Finding the Securitized Trust, the PSA, & Note
(45 min)

• Tracking the Note through Auditing
• Finding the Pooling and Servicing Agreement
• Reading Bloomberg Professional Service Reports
• Showing Pay-Offs on the Securitized Trust and Note

12:00 p.m. - 1:30 p.m. – Lunch

1:30 p.m. - 2:50 p.m. – Foreclosure Defense Issues and Actions
(80 min)

• Non-Judicial v. Judicial Procedure
• Significant Recent Cases
• Servicing Companies: Master Servicer vs. Primary or Secondary Servicer
• ROBO Signing – What is the Real Effect
• Notaries – Issues with Signing
• California Foreclosure Defense Actions in the Post-Gomes Courts

2:50 p.m. - 3:00 p.m. – Afternoon Break

3:00 p.m. - 3:30 p.m. – Foreclosure Defense Actions in California (Continued) (30 min)

• Some Potential Actions and Causes of Action to Consider
• Potential Defendants

3:30 p.m. - 4:00 p.m. – Ethical Considerations in Mortgage Modifications
(30 min)

• FTC and the MARS Rule
• Senate Bill 94
• Litigation Exceptions

4:00 p.m. - 4:15 p.m. – Closing Remarks and Question and Answer
(15 min)

Learn More & Register Online: