UTA’s Annual Orange County Dinner will focus on compliance issues arising from the Yvanova case. The event will be held Thursday, April 21st at the Embassy Suites in Santa Ana, California.
The dinner meeting will specifically address:
• Compliance differences arising from the case between institutional lenders compared to private lenders.
• When the borrower has standing to challenge the ability of a beneficiary/servicer to conduct a non-judicial foreclosure sale.
• When borrowers can challenge the assignment and securitization of loans?
• What the impact of the Supreme Court’s ruling is on the lending and foreclosure industries — and the courts — in California.
Dinner panelists will be: Jonathan D. Fink, Esq., Wright, Finlay & Zak, who wrote a coalition’s (including UTA) amicus brief; UTA President Randy Newman, Esq., Total Lender Solutions; and UTA Vice President, Cathe Cole-Sherburn, Trustee Corps. The event is sponsored by Metropolitan News Company.
UTA’s coalition amicus brief supported affirmance of the decision in Yvanova arguing that allowing defaulted borrowers facing a nonjudicial foreclosure to challenge the securitization of a loan would turn every nonjudicial foreclosure sale into a judicial foreclosure.
The event begins at 6:00 pm and ends at 8:00 pm and includes a delicious dinner of sliced New York Steak, chicken with lemon capers, a medley of vegetables and chocolate mousse cake and New York cheesecake.