Expert No. 319199 – Real Estate Expert – CA(N) / CA(S)
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Expertise Description: Licensed Real Estate Broker with over 35 years experience in mortgage lending and related real estate matters. Specializes in residential and commercial real estate finance on most property types, inclduing hotels; construction lending and fund controls, mortgages, mortgage fraud, loan services practices, collection practices, wrongful foreclosures, lender-borrower disputes, lender liability, plaintiff and defendant litigation strategies, loan workouts and debt restructuring, institutional and private mortgage lending practices, loan documentation, analysis and forensic research, loan underwriting, damage assessment issues, liquidating lender assets and valuations,  discounted pay-off analysis, industry standards and practices, duty of care, brokers fiduciary duty, capital raising from private lenders, broker commission disputes and rebuttal analysis on opposing experts. Experienced in dispute resolution, consultation and arbitration, depositions and courtroom testimony. B.A. in Industrial Psychology.
Representative Litigation Experience:
  • Plaintiff and Defendant Litigation Strategies.
  • Mortgage Fraud.
  • Loan Documentation Review and Analysis.
  • Escrow Malfeasance.
  • Usury.
  • Brokers Duty of Care.
  • Escrow Duty of Care.
  • Lender Liability.
  • Damage Assessment.
  • Property Evaluation Analysis.

Representative Consulting Services and/or Projects:
  • Debtor in possession (DIP) experience on mortgage fraud.
  • Mortgage related litigation support.
  • Real estate lending practices.
  • Commercial loans/all property types, including hotels.
  • Industry standards, customs, and practices.
  • Real estate broker commissions and practices.
  • Bank lending practices.
  • Private lending practices.
  • Loan underwriting review.
  • Loan feasibility analysis.
  • Loan documentation analysis.
  • Construction Loans/Fund Controls.
  • Foreclosures.
  • Bankruptcy.
  • Loan servicing practices.
  • Escrow duties and practices.
  • Loan evaluation, restructuring, and discounted payoffs.
  • Financing options.
  • Damage assessment evaluations.




Licenses & Certifications:
Licensed California Real Estate Broker
Education:
DegreeSubjectInstitution
BAIndustrial PsychologyCalifornia State University, Northridge
Professional Appointment/Association Affiliations:
  • Acted as the CEO of the DIP of a $200 million Ponzi scheme of a bankrupt mortgage company.
  • Founding Co-Chairman of a de novo national bank, successfully sold at a profit.
  • Received one of the first ever issued California Department of Corporations Mortgage Backed Securities Permit.

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Expert Witnesses In The News

  1. Real Estate Expert On "Rent To Own"

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  3. Real Estate Expert On Phoenix Market

    The Phoenix area real estate market has had a slow recovery from the foreclosure crisis. Real estate expert Mike Orr, creator of The Cromford Report, will provide Phoenix-area real estate... read more »

  4. Forensic Real Estate Damage Valuation Part 3

    In Three Rules for Forensic Real Estate Damage Valuation: Deductive, Adductive, or Reductive Rule? (analysis) ForensisGroup experts Wayne C. Lusvardi and Charles Warren redefine the three... read more »

  5. Forensic Real Estate Damage Valuation Part 2

    In Three Rules for Forensic Real Estate Damage Valuation: Deductive, Adductive, or Reductive Rule? (analysis) ForensisGroup experts Wayne C. Lusvardi and Charles Warren first describe valuation:... read more »