AB284 Approved, Becomes Law
On May 20, 2011 Nevada Governor Brian Sandoval approved Assembly Bill 284 to be signed into law. AB 284 will help restore transparency and integrity to the foreclosure process. As previously reported, some of the changes enacted by AB284 are as follows: Defines who can act as a foreclosure trustee in the state of […]
AB284 Passes Senate
On May 11, 2011 the Nevada Senate passed Assembly Bill AB 284 with 20 Yeas and 1 Nay (see voting details below). AB 284, as we have reported: Defines who can act as a foreclosure trustee in the state of Nevada; Defines a standard of care for such trustee; Requires that all assignments or trust […]
Call to Action! Email Your Support of SB348
Recently, Nevada Assemblyman William Horne introduced an amendment to the current Bill SB348 that eliminates the current creditor exemptions. Black & LoBello urges everyone to email Assemblyman Horne and tell him you want Bill SB348 passed AS IT WAS INTRODUCED, WITHOUT AMENDMENT! This amendment is a huge blow against every citizen in Nevada. If you […]
UPDATE: AB 284 sponsored by Conklin gains support in Senate Hearing
AB 284 passed the Assembly and had its first Senate hearing on Tuesday. Assemblyman Conklin presented the Bill to the Senate Judiciary Committee. Tisha Black Chernine, along with the Nevada Attorney General’s office and several others testified in support of the bill. If passed, AB 284 would restore transparency and integrity to the foreclosure process. […]
UPDATE: Black & LoBello bill passed Assembly, Headed to Senate
On April 25th, Assembly Bill 284 passed the Nevada State Assembly and is now headed to the Nevada State Senate. The bill would help to give more transparency to the foreclosure process and hold the foreclosing parties more accountable for their actions. Below is the list of how the Assembly voted. Paul Aizley Yea Elliot […]
Black & LoBello Helps NV Legislature Restore Integrity to the Foreclosure Process
On March 15, 2011, Assemblyman Conklin introduced Assembly Bill 284 into the 2011 session of the Nevada Legislature. The Bill proposes significant changes to NRS 106, 107 and 205 as these statutes relate to foreclosure. Tisha Black Chernine, Managing Partner of Black & LoBello, participated in working group in collaboration with Assemblyman Conklin and the […]
Two Federal Housing Programs on the Chopping Block
On Thursday, March 3, 2011, the House Financial Services Committee voted to end two Federal Housing programs. The two seemingly unmanageable programs sought to be eliminated include the FHA (Federal Housing Administration) Short Refi Program and the program initiated through the Dodd-Frank Reform Act last summer which provided a “bridge loan” for those who lost […]
Tisha Black Chernine, Esq., featured speaker at NBI Seminar
Tisha Black Chernine, Esq., will be a featured speaker at the National Business Institute Seminar: Advanced Issues in Foreclosure, taking place on April 4, 2011 at the Gold Coast Hotel & Casino. She will address various options for loss mitigation, how current market conditions are affecting the financial industry’s loss mitigation policies, as well as how […]
Obama Administration’s White Paper Proposes Phasing Out Fannie and Freddie
The Obama administration released its “white paper” outlining the winding down and replacement of Fannie Mae and Freddie Mac. The goal of the proposals is to decrease the government’s involvement in the mortgage industry. The first proposal presented by the administration would create a government backstop under a federal reinsurance model. In the second proposal […]
Casino Cheating Ring Convicted Jan. 2011
The Justice Department announced that they have convicted the last member of a criminal organization that cheated casinos across the United States. The “Tran Organization” crime ring hit casinos the Monte Carlo Resort and Casino and Palace Station in Las Vegas, as well as dozens of casinos in California, Louisiana and throughout the country. The […]