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Loan Modification Fundamentals

 

Learn how to differentiate between loan modification and forbearance agreements to ensure the best option for your clients.

Oftentimes, a loan modification or Forbearance Agreements may be the solution to a borrower's default, whether caused by a temporary or permanent solution. This topic will distinguish the two and provide insight as to which one is better suited for a particular situation and what provisions should be included, and will also provide servicers, attorneys and investors with an understanding of the litigation issues that may thereafter arise should the borrowers default after executing the forbearance agreement, such as loss of priority, statute of limitations issues and consumer protection laws.

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Loan Modification Fundamentals

Agenda

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Loan Modification Fundamentals

Faculty

Peter T. Roach, Esq.

Peter T. Roach, Esq.

Roach & Lin, P.C.

  • Principal at Roach & Lin, P.C. in Syosset, New York
  • Practices in all areas of mortgage default servicing, including forclosure, loss mitigation, bankruptcy, litigation, evictions and REO sales throughout the entire state of New York
  • Served as an Adjunct Professor of Law at St. John’s University School of Law, teaching a variety of courses including real estate finance, real estate drafting, and title insurance
  • Member of numerous professional and civic organizations
  • Frequent speaker and has written numerous publications
  • J.D. degree, St. John’s University, School of Law; B.A. degree, State University of New York at Binghamton
  • Can be contacted at 516-938-3100 ext. 318 or [email protected]
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Loan Modification Fundamentals

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