Click hereto listen to the Legal Hour on KDWN AM720 from September 5th, 2012 in which Managing Partner, Tisha Black Chernine, Esq., hosts special guest and community bankers Eric Colvin of Meadows Bank and John Sullivan with First Security Bank. Mrs. Black Chernine, Mr. Colvin and Mr. Sullivan discuss the differences between the big banks from community banks (2:10), types of loans sold into secondary market (3:15), how real estate agents may list a foreclosed property owned by a community bank (8:20), benefits of trying to modify a loan with a community bank (10:00), loss share (13:45), how judicial foreclosure affects selling a property (18:16), tips to modify Fannie, Freddie or FHA loans (24:55), where community banks can invest (27:50) and how community banks compete with big banks (29:00).
Please tune in to AM720 KDWN’s “Legal Hour,” every Wednesday, from 9 AM to 10 AM. Listen live on the radio or online. Feel free to call in with your comments or questions at 702-257-5396.