Eric Forster

Current

Principal at Forster Realty Advisors

Past

Consultant at Great Western Bank
Consultant at Home Savings of America

Education

GTF/UCLA

Recommended

1 person has recommended Eric

Connections

36 connections

Industry

Real Estate

Websites

Eric Forster’s Summary

Mortgage & real estate litigation consulting; Expert witness.
Arbitrator for FINRA (Financial Industry Regulatory Authority)
Mediator for the Los Angeles County Superior Court
Mediator for the Los Angeles City Attorney's Office

Eric Forster’s Specialties:

Truth-in-Lending (TIL), RESPA, HOEPA and CFC 4790 violations and noncompliance by lenders.

Mortgages and real estate finance;

Real Estate industry standards and practices;

Lenders/Borrowers standards and practices;

Plaintiff and Defense strategies re breach of contract and/or fraud;

Mortgage fraud litigation;

Credit underwriting (commercial & residential loans);

mortgage brokers' malpractice issues;

conflicts of interest;

commission compensation issues;

Eric Forster’s Experience

Principal

Forster Realty Advisors

(Real Estate industry)

July 1993 — Present (16 years 1 month)

1. Litigation consultant and expert witness. Mortgages and real estate finance. Real Estate industry standards and practices. Lenders/Borrowers standards and practices. Plaintiff and Defense strategies concerning breach of contract and/or fraud. Mortgage fraud litigation. Credit underwriting (commercial & residential loans); mortgage brokers' malpractice issues; conflicts of interest; commission compensation issues; Fannie Mae/Freddie Mac credit score & automated underwriting issues.

2. Origination, processing and underwriting residential and commercial real estate loans, as well as other activities licensed by the California department of Real Estate.
Consultant

Great Western Bank

(Real Estate industry)

January 1990 — July 1993 (3 years 7 months)

Loan origination/pre-underwriting of residential mortgages - conforming and Jumbo - to both portfolio and Fannie mae standards.
Consultant

Home Savings of America

(Banking industry)

April 1986 — January 1990 (3 years 10 months)

Origination/pre-underwriting of residential loans. Member of the President's Club.

Eric Forster’s Education

GTF/UCLA

D.Med. , Mediation ethics , 2006 — 2007

Additional Information

Eric Forster’s Websites:

Eric Forster’s Groups:

American Bar Association - Expert Witness Committee (Litigation Section)
Southern California Mediation Association
Urban Economics and Real Estate Association
Southern California Mortgage Bankers Association
Greater Los Angeles Realtors Association