November 11, 2011

FDN conducted its last foreclosure defense seminar in its Newport Beach, California offices today. The next seminar will be held once FDN moves its offices to greater Los Angeles, California, which relocation is anticipated to occur at the end of this year. The move is in connection with Mr. Barnes’ expanding practice requiring access to multiple airports and proximity to FDN’s Los Angeles based counsel.

Attorneys from North Carolina, Ohio, Indiana, and California attended today’s seminar which was repeatedly praised as “amazing” in all respects. Attendees repeatedly voiced that they now felt confident and powerful armed with the amount of material and knowledge gained at the seminar. One attendee expressed that his only experience in foreclosure defense was in assisting relatives with a foreclosure, but that now he was ready to pursue a foreclosure practice.

A 500 page handbook with templates for pleadings, motions, discovery, legal memoranda, and copies of key case decisions was provided to each attendee, focusing on case decisions favorable to borrowers on issues of failure of a securitized trustee to comply with the PSA, third-party beneficiary status of a borrower to challenge compliance with a PSA, reversing summary judgment where there was no evidence that the bankruptcy trustee of a bankrupt lender provided MERS with the authority to assign a mortgage loan from the bankrupt lender to a servicer; and the new standard for opposing proofs of claim and stay relief motions in Bankruptcy actions in nine states.

The FDN foreclosure defense seminar series has now trained attorneys licensed and practicing in the states of New Jersey, New York, Pennsylvania, Illinois, Indiana, Ohio, North Carolina and California in setting up, managing, and expanding their foreclosure defense practices. The seminars have also directly resulted in the addition of seven law Firms to the FDN attorney network, and the ability of those firms to share information and strategies as to pleading, motion practice, discovery, and settlement avenues with a network of now 42 law Firms across the U.S., and also the ability to assist their clients who have properties in states other than where these attorneys normally practice.

Jeff Barnes, Esq., www.ForeclosureDefenseNationwide.com