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Product ID: 387639EAU
 
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What You Need to Know About California Residential Foreclosures in 2011

OnDemand Webinar (83 minutes)

California leads the nation in foreclosures and the market has yet to show signs of improving. This OnDemand Webinar led by three foreclosure specialists will provide an overview of California foreclosure law for residential properties. This will benefit everyone looking to learn both the basics and the critical emerging issues in residential foreclosure practice.

Authors

Gregory S. Korman, Katten Muchin Rosenman LLP
Stuart M. Richter, Katten Muchin Rosenman LLP
Joshua D. Wayser, Katten Muchin Rosenman LLP

Agenda

The Differences in the Two Types of California Foreclosures

  • Distinction Between Judicial and Non-Judicial Foreclosures
  • Purchase Money Protections
  • Single-Family Residence Protections
  • Benefits and Burdens of Each

An Overview of the California Non-Judicial Foreclosure Process

  • The Power of Sale
  • Notices of Default and Notices of Sale and What Each Should Contain
  • Timing of the Process

Foreclosure Avoidance Litigation and How to Deal With It

  • The Most Commonly Asserted Borrower Claims

- Claims Based on Federal Law Statutes

- Claims Based on California Law Statutes

- Claims Based on Theories From Other Jurisdictions

  • So-Called Robo-Signing: What It Is and Why It Does Not Really Apply in California
  • The Material Difference Between Pre-Sale and Post-Sale Litigation
  • The Tender Rule
  • Applicable Statutes of Limitation
  • Preemption Issues for National Banks

New Laws

  • Relating to Residential Foreclosures
  • Relating To Evictions
  • Specific County Rules Regarding Registering and Maintaining Various Types of Properties