"CFLA" is the nation's premier wholesale Mortgage Due Diligence firm since 2007. CFLA is a full service litigation support company serving more than 10,000 Law Firms and Attorneys in all 50 States, with specially licensed Mortgage Backed Securities Analysis, training and support. CFLA has certified more than 1,000 Executive Professionals through its Nationally Recognized and Industry Acclaimed "Mortgage Securitization Auditor Training, practical application, classroom setting, by our industry leading experts!
Our Senior Auditors and Attorneys use proprietary software developed and licensed by CFLA to search through S.E.C. and other Public Record Filings to find Trust Vehicles used in the Securitization process, including but not limited to Bloomberg Terminals, Edgars Pro, Doc Edge, Chicago Title and others developed exclusively for use by CFLA team members.
Services Offered
Wholesale Services
Forensic Loan Audit This product will highlight Material Defects in the Origination of a Residential Mortgage Loan. Forensic Loan Audit is designed to uncover Statutory Damages including: TILA, RESPA, HOEPA, ECOA violations which carry a damages claim of $1,000.00 per violation plus Attorney’s Fees. The report will also uncover Gross Overcharge in Origination and Discount points as well as Excessive "Junk Fees" and Loan Officer Compensation. These violations carry a Treble Damages designation of the amount of overcharge plus Attorney’s Fees. The statute of limitations, which is (3) years, starts at the uncovering of the Fraud. Download Sample Audit
Mortgage Backed Securities Analysis This product is designed to Highlight all parties in interest, in the Securitization Chain. This product will offer a full chain of title, with Instrument Numbers, Special Purpose Vehicle Search, PSA and Prospectus. The report will also illuminate any evidence of Robo Signing. This product is what Attorneys are using to stop an Illegal Foreclosure due to lack of Legal Standing. Download Sample Level II Securitization Audit
Mortgage Securitization "Bloomberg" Audit This product will include all of the information in the "Mortgage Backed Securities Analysis" and go a step further with Proprietary Software that is designed for this industry. With this report we are able to open up the REMIC (Real Estate Mortgage Investment Conduit) and give Loan Level Data, proving that the loan in question is located in the Trust in question. We are able to identify via a CUSIP Number, how many "Risk Tranches" the loan has been fractionalized into and also show how many of the Tranches have been made whole. This report is the single most damning piece of evidence that an Attorney will have access to. Download Sample "Bloomberg" Audit
Litigation Support Package[s]- Complaint / TRO / Lis Pendens / QWR / Demand Letters The Litigation Support products that CFLA offers will cover every need that an Attorney in this industry will need. We offer QWR’s requesting crucial information to build their case and Demand Letters requesting proof of ownership of the NOTE. The Complaint package includes a Civil Complaint that is Jurisdictional Specific, and can be tailored to work on a Federal Level. 12-16 Causes of action will be included based on the specific findings in each of the reports they are based on. The Temporary Restraining order is designed to give the attorney time to fight the bank in favor of the Homeowner and the Lis Pendens will cloud the title, making it very difficult for the bank to take possession of the home and re-sell it, so a solution can be reached in favor of the Homeowner. Download Sample QWR Download Sample Demand Letter Download Sample Civil Complaint
Training and Certification Services
Mortgage Securitization Auditor Training Certification Class (24 hrs) Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country. Overview of securitization and the securitization conveyance chain, introduction to CFLA Securitization Reports, terminology, and borrower documents, SEC Search Techniques, SPV search, document review, MERS search, GSE search, Assignments, Separation of Note/Deed, Substitution of Trustees, Notice of Defaults, Trustee Sales, "The Note Is A Contract"/When original Notes are produced, Auditors as Testifying Experts/Review of court transcripts, HAMP Overview, and much more.
Ambassador Mortgage Securitization Auditor Training Class (40 hrs) "AMBASSADOR Mortgage Securitization Auditor "MSA"- A 40-hour in-person intensive seminar held across the country."
*Requires completion of the MSA Tier I course and an additional 16 hours.
Take your Securitization Education a step further, be brought up to speed on the industry’s most recent and important developments with continuing education, from CFLA’s leading experts.
How to find a trust, if the trust is not indicated on documents
How to find a trust, if the loan is not in foreclosure
Fannie/Freddie trust information
Bloomberg training
Comes witrh a 30 day free trial of the Bloomberg software [$5,000 value]
Forensic Loan Auditor Certification Training Class (32hrs) This course will cover forensic loan auditing for possible violations of the Truth in Lending Act, Real Estate Settlement Procedures Act, Home Ownership Equity Protection Act, Fair Debt Collection Practices Act, and other pertinent State and Federal statutes and common law principles to look for in the loan documentation.
Membership Fees CFLA is planning to charge a $99 Annual membership Fee for the more than 1000 certified graduates of our program. List of Certified Auditors
Seminars & State Bar Sponsored MCLE
CFLA has schedule at least one State Bar Sponsored Seminar each month for fiscal 2012, on topics related to Foreclosure Defense, Bankruptcy, Quiet title, and Mortgage Securitization, with Attorneys engaged or in negotiations including, Patricia Rodriguez (CA, PA), Regis Sauger (NV, FL, GA, WI), Charles Christmas (NV, CA), Kevin Benjamin (IL, FL, WI, CA), Noberto Reyes (CA, NY), Mark Wilk (SC, MI, OH)
Foreclosure Defense Seminar & State Bar CLE (8hrs) Bar Approved in CA, NJV, PA, FL, GA, WI, and IL See Class Description
Quiet Title Workshop & State Bar CLE (8hrs) Bar Approved in CA, NJV, PA, FL, GA, WI, and IL See Class Description
Bankruptcy Chapter 13 Restructuring Seminar & State Bar CLE (8hrs) Pending bar Approval [class date scheduled for April 2012] See Class Description
Products for Sale: DVD’s / Books
The above referenced CFLA Produced and Copyrighted DVDs are on sale for $395.00, since January 2012. As of February 2012, CFLA has sold nearly 100 copies. Additionally, CFLA is in process of acquiring the rights to several authorships of industry related publications, including "Solve My Mortgage Mess Now’ Charles Christmas, Esq.
CFLA is targeting sponsorship from Attorneys to be listed on their cutting edge website for homeowner referrals. Rates will be $2,500.00 monthly, or $15.00 pay per click.
Pay per Click Advertising CFLA is targeting sponsorship from Attorneys to be listed on their cutting edge website for homeowner referrals. Rates will be $2,500.00 monthly, or $15.00 pay per click.
Attorney Monthly Subscriptions CFLA is targeting sponsorship from Attorneys to be listed on their cutting edge website for homeowner referrals. Rates will be $2,500.00 monthly, or $15.00 pay per click.
Target Markets
Attorneys & Wholesale Distributors CFLA is currently the Nation’s Leading Mortgage litigation support company servicing more than 10,000 law firm and Attorney clients nationwide. CFLA also hosts the only nationally recognized and industry accredited training and certification class in this industry.
CFLA services and training set the bar in this industry.
License & Bonded Retailers Currently CFLA is not servicing the retail [i.e. homeowner] market
Banking / Mortgage Industry CFLA has performed public & private training for Bank Executives, and Underwriters in more than 5 States.
CFLA aims to penetrate the Banking industry by providing Quality Control Audits after the underwriting stage to ensure banks become more compliant.
Government Contracts Government Agencies have begun inquiries with CFLA, including but not limited to, Bankruptcy trustees, County, State Attorney Generals, Federal Trade Commission and Federal Reserve, as well as Executive Oversight Committees for wholesale projects evaluating "Mortgage Fraud" on as many as 5,000 files at one time. Government contracts are slow, however, we anticipate by 2nde quarter 2012 CFLA will procure several hundred Government contracts
Additionally, Government agencies have already participated in the CFLA highly acclaimed MSA Class since 2009. We anticipate training multiple government agencies state, federal and local in 2012.
Contact us or view our Sample Documents & Audits by completing the form below.
Certified Forensic Loan Auditors, LLC
13101 West Washington Blvd., Suite 140
Los Angeles, CA 90066
Certified Forensic Loan Auditors, LLC is exclusively a business-to-business litigation support company. Our service is provided to licensed attorneys only. We do not assist homeowners/borrowers in foreclosure.
It is illegal for loan-modification consultants and businesses to charge up-front fees for their services. Additionally, individuals and businesses offering mortgage-foreclosure consulting, loan-modification and foreclosure-assistance services must register with the California Attorney General’s office and post a $100,000 bond.
