Defending Against HELOC Foreclosures

If you’re a consumer attorney looking to expand your toolkit and better serve clients facing foreclosure, this webinar is essential. As zombie HELOCs resurface and put vulnerable homeowners at risk, understanding how these financial products differ from traditional mortgages—and how to spot legal issues and defenses—is critical.

This session will equip you with foundational knowledge of HELOC structures, highlight key red flags in foreclosure cases, and offer practical strategies for both defense and affirmative litigation. Don’t miss this opportunity to stay ahead of emerging threats in mortgage servicing and protect your clients with confidence.

This one-hour webinar will be followed by a thirty-minute conversation and extended Q and A led by Andrea Bopp Stark, Senior Attorney at the National Consumer Law Center.

What You Will Learn

• What a HELOC is, and the types of terms and payment schedules commonly seen
• What to look for if a potential client comes to you facing foreclosure based on HELOC
• How to determine which tactics to use in defending these cases and bringing affirmative claims under state and federal law

Speakers

Ira Metrick is a lifetime New Jersey resident with a solo practice located in Freehold, NJ.  His practice focuses on Foreclosure Defense, Loan Modifications, resulting litigation from violations of TIL), RESPA, The New Jersey Consumer Fraud Act (NJCFA) and FDCPA.  He earned his bachelor’s degree from the Indiana University School of Business in 1990 and JD from the Indiana University School of Law in 1993. He began practicing in 1995 with a concentration on Residential Real Estate.  After the Real Estate crash around 2008, he began volunteering with New Jersey Legal Services and began studying Consumer Protection.  He is a Graduate of seven Max Gardner Bankruptcy Boot Camps and Consumer Defense Boot Camps; a Graduate of four Pete Barry’s Fair Debt Collection Practices Act (FDCPA) Bootcamps; and a participant in several NACA and NCLC webinars and workshops concerning consumer defense issues.

Damon Ritenhouse is a partner at EV Has, LLC, based in Chicago, Illinois. Since 2012, his practice has focused on defending homeowners in state court foreclosure cases and bringing consumer claims against banks, loan servicers and debt collectors using the FDCPA, RESPA and state consumer fraud statutes.

Please note that all live webinars are free to NACA members. If you are a non-member who purchased this webinar or a higher level member, you will be able to access the webinar recording at no additional cost.

Click here to join the live webinar.