NYSBA

Residential Mortgages (2004)

This program recording covers the basics of home financing from credit analysis to closing and beyond. The panelists also review the application, approval and closing process, and the intricacies of co-op and condo financing and closings.

Program Contents

·Basic Principles
·
Understanding the Appraisal Report
·
Tax Implications
·
The Mortgage Process
·
Co-ops and Condos
·
Assignments, Subordinations and Mortgage Tax
·
Closing from the Bank Attorney’s Perspective
·
Mortgage Products
·
Bankruptcy Issues
·
Credit Analysis
·
Post-Foreclosure Evictions: Possession and Rental Income After Mortgage Default
· Legislative Update

Program Speakers

Daniel M. Shlufman, Esq. (Chair)
President
FCMC Mortgage Corp.
—Clifton, NJ

Gilbert Backenroth, Esq.
Hahn & Hessen LLP
—New York City

Michael J. Berey, Esq.
Senior Vice President & Chief Underwriting Counsel
First American Title Insurance Company of New York
—New York City

Dan M. Blumenthal, Esq.
Berkman, Henoch, Peterson, & Peddy, P.C.
—Garden City

David A. Gallo, Esq.
Manton Sweeney Gallo Reich & Bolz, LLP
—Rego Park

John G. Hall, Esq.
Law Firm of Hall and Hall
—Staten Island

Jeffrey Jackson

Mitchell, Maxwell & Jackson, Inc.

—New York City

Ken Kowalick
CIS Information Services
—Allamuchy, NJ

Arthur E. Luman, Esq.
Luman Helfman & Fayer
—White Plains

Robert O. Mayer, CPA

Mayer & Company CPAs

—Deer Park, L.I. and New York City

Bonnie S. Nachamie, Esq.
Law Offices of Bonnie S. Nachamie
—Rockville Centre

Richard Yuran
Vice President
FCMC Mortgage Corp.
—Clifton, NJ

Total MCLE Credits 7.0

Ethics MCLE Credits 0.0

* Each additional person who uses the tapes for MCLE credit must purchase a copy of the coursebook.

Product Type Member Price Non Member Price
Residential Mortgages (2004) (This product cannot be used to receive MCLE credit) (CLE CourseBooks) 1570 $40.00 $60.00

+ Residential Mortgages (2004) (MCLE credit only if you have access to the course's audio/video/CD recording. You cannot receive MCLE credit from a coursebook alone.) (CLE CourseBooks) 1570M $85.00 $160.00

* Residential Mortgages (2004) (MCLE Audio on CD) D5704 $175.00 $260.00

+ Each additional person who uses the recorded media for MCLE credit must purchase a copy of this "MCLE coursebook"

* This recording already includes one copy of the MCLE course materials. Course materials provided electronically for all CLE Online Programs, and for CD/DVD Programs from 2010 and later. CD/DVD Programs prior to 2010 include a printed copy of the course materials.