LAW-6414 CREAT & FOCLOS RE ES MORTGAGE
The student (a bank attorney) would negotiate a mortgage loan with a customer going through the application and approval process dealing with loan committees and learning how to create a cushion of equity in real estate. The student would then close the loan learning how to prepare all the documents. The loan would then go into default and the student would learn techniques in negotiating with the bank, i. e. short sale, extensions etc. The loan would then go into foreclosure and the student would prepare all litigation documents from lis pendens to judgment of foreclosure. The student would next learn how to represent both parties during the trial and a foreclosure sale including credit bidding, etc.