Join Doss Law's Informative Webinar Series on AB 3108
Doss Law is excited to present an interactive two-part webinar series tailored specifically for commercial lenders, brokers, and finance professionals. Led by Dennis H. Doss, Esq., a seasoned expert in mortgage law with over 45 years of experience, this series aims to demystify AB 3108 and provide essential insights into business purpose lending standards.
Understanding the Webinar Sessions
The first session, titled "AB 3108 Deep Dive: Your Compliance Commander," promises to deliver comprehensive knowledge on AB 3108's implications. This session is scheduled for a Thursday afternoon, where participants will delve into the intricacies of the statute, which enforces strict penalties for business purpose loans misclassified as consumer loans. The following key aspects will be addressed:
- The types of properties affected
- The categories of borrowers included
- Consumer purpose standards utilized by authorities
- Possible defenses against criminal liability
Attendees can expect to receive an Attorney Opinion Form, valued at $499, which will aid in establishing a robust "Advice of Counsel" defense in adherence to AB 3108.
Exploring Business Purpose Lending
In the second session, "Business-Business-Business Purpose: The Definitive Discussion on this Topic," participants will engage with advanced concepts of business purpose lending. This session, which takes place on a Friday afternoon, will encompass:
- Exemptions related to categorical business purposes
- The Numerosity Test and its practical application
- A rundown of common pitfalls such as "Peel the Onion," "Red Truck," "Bad Business," "NewCo," and "Thorny issues".
Participants will gain access to a Business Purpose Lending Chart, also valued at $499, providing indispensable resources that navigate through various exemptions and lending challenges.
Expert Insights from Dennis H. Doss
Dennis H. Doss emphasizes the importance of simplifying complex regulatory landscapes. "Within an industry that continually layers on complexity, my objective remains to clear the clutter and provide tangible, actionable insights necessary for compliance while mitigating significant legal risks," he states.
Registration and Participation Details
Each webinar is priced at $199, with prior registration required for participation. Each session also features a live Q&A segment with Doss, encouraging interaction and personalized insights.
For those interested in attending, registration can be completed online.
About Doss Law
Doss Law, LLP, has built a reputation as a trusted partner in the mortgage industry since its inception in 1983. The firm specializes in real estate finance, offering top-notch legal services in loan documentation and compliance for both private and institutional lenders across the country. Doss Law represents some of the leading private money lenders, dealing with substantial assets and guiding clients through both conventional and intricate lending transactions. Their ability to adapt to changing market conditions has solidified their place as a reliable and knowledgeable partner in the industry.
Contacting Doss Law
For inquiries, Virginia Bush serves as the Senior Vice President of Marketing at Doss Law. Interested parties can reach her directly for more information regarding the webinars or other services offered by the firm.
Frequently Asked Questions
What is the focus of the Doss Law webinar series?
The webinar series focuses on AB 3108 compliance and business purpose lending standards, providing valuable insights and resources.
Who will present the webinar?
The presenter is Dennis H. Doss, Esq., a highly experienced legal expert in mortgage law and regulatory compliance.
How much does each webinar cost?
Each session is priced at $199, with registration required to participate.
Will there be opportunities to ask questions during the webinar?
Yes, each session includes a live Q&A segment, allowing participants to ask questions directly to Dennis H. Doss.
What can I expect to learn from the webinars?
Participants can expect to gain a comprehensive understanding of AB 3108, business purpose lending standards, and strategies to ensure compliance and mitigate risks.
