This two-day seminar replay breaks down the true mechanics of modern mortgage finance using accounting, case law, and real transaction structure. It is designed to show where mortgage transactions often fail, how those failures occur, and what that means for enforcement, ownership, and compliance.
What You’ll Learn:
The accounting structure behind mortgages (notes, payments, and ledger treatment)
How mortgage loans are transferred and recorded on financial statements
Step-by-step breakdown of the securitization process
How residential mortgages are pooled and converted into investment instruments
Key failures in mortgage transfers and enforcement breakdowns
Analysis of Horace v. LaSalle National Bank and what it reveals about missing or defective assignments
REMIC structure and requirements under the tax code
The 90-day rule, qualified mortgages, and trust formation standards
Consequences of violating REMIC rules and improper transfers
This seminar provides a clear, structured understanding of how mortgages are supposed to function versus what actually happens in practice, giving you the ability to identify breakdowns and understand their impact on homeowners, courts, and investors.
This two-day seminar replay breaks down the true mechanics of modern mortgage finance using accounting, case law, and real transaction structure. It is designed to show where mortgage transactions often fail, how those failures occur, and what that means for enforcement, ownership, and compliance.
What You’ll Learn:
The accounting structure behind mortgages (notes, payments, and ledger treatment)
How mortgage loans are transferred and recorded on financial statements
Step-by-step breakdown of the securitization process
How residential mortgages are pooled and converted into investment instruments
Key failures in mortgage transfers and enforcement breakdowns
Analysis of Horace v. LaSalle National Bank and what it reveals about missing or defective assignments
REMIC structure and requirements under the tax code
The 90-day rule, qualified mortgages, and trust formation standards
Consequences of violating REMIC rules and improper transfers
This seminar provides a clear, structured understanding of how mortgages are supposed to function versus what actually happens in practice, giving you the ability to identify breakdowns and understand their impact on homeowners, courts, and investors.