7:30 am

Workshop Registration & Coffee

8:00 – 9:00 am

Morning Workshop: (note–separate registration required)

Tax Liens – GFI Tax Receivables (Download Flyer)

• Tom McOsker, Head of Tax Receivables, GFI Group
• Howard Liggett, President, Distressed Real Estate Consulting Services, Inc.

This 3-part tax receivables workshop is suitable for both seasoned and veteran tax lien and tax deed investors. Over the course of the session, the following will be addressed:

• Industry and Primary Market Overview
  • How do tax liens and tax deeds work?
  • Why invest in tax liens and deeds?
  • What are the tax lien bidding methodologies and states?
  • What are the interest rates and redemption periods?
  • What is the outlook for the rest of the year and into 2011?
• Secondary Market Overview
  • What demand is there for a secondary market?
  • How does a secondary market transaction work?
  • Why do investors buy and sell in the secondary market?
  • How much secondary market product is there available?
  • How do secondary market purchases compare to primary?
• Q&A

Separate registration required for Tax Lien Workshop.

8:00 – 9:00 am

NEW! — Morning Workshop: (note–separate registration required)

When Workouts Don’t Work Out—Litigation, Receivers, Lender Liability and More – Payton & Associates, LLC

• Harry Payton, Managing Member, Payton & Associates, LLC

The purpose of the workshop is to inform participants of the foreclosure process, the means to a successful defense, and the how to pursue claims against the lender.

After a discussion of what the borrower can expect in a foreclosure proceeding and what is expected of the borrower, the workshop will review successful defensive strategies to foreclosure together with theories for the prosecution of claims against the lender. We will focus on the Florida bank statute of frauds and its bar to affirmative claims that are not founded on a written agreement, and the use of those same claims as defenses against the lender’s action.

Additionally, we will cover lender liability claims based on contract, such as breach of contract and breach of the implied duty of good faith and fair dealing, as well as claims based on tort, such as negligence, negligent loan processing, tortious interference with contract, breach of fiduciary duty and control liability. We will also cover claims under the Bank Holding Company Act. The workshop will be open for questions. Topics addressed include:

• Maybe the horse will talk and other nuggets like the “2×4″ theory
• The loan documents – meant to be read
• The foreclosure process
• Summary foreclosures
• Assignment of rents
• Guarantees and impairment of collateral
• Receivers
• Lender liability
• Defenses versus claims
• Bank statute of frauds
• Deficiency judgments