Black & LoBello on the Radio
Click here to listen to the Legal Hour on KDWN AM720 from August 31st, 2011 in which Managing Partner, Tisha Black Chernine, Esq., discusses the Landlord/Tenant parking lot issues, mortgages sold to other lenders, bankruptcy issues, lender violations of consumer privacy rights, construction defect issues and estate planning to protect against creditors. Please tune in to AM720 KDWN’s […]
Black & LoBello on the Radio
Click here to listen to a clip from the Legal Hour on KDWN AM720 in which Tisha Black-Chernine explains the trends in the Las Vegas real estate market of the past and present and what affects it today.
Wells Fargo in Trouble With the Fed
Last Wednesday, the Federal Reserve issued a consent cease and desist order and assessed an $85 million civil money penalty against Wells Fargo & Company of San Francisco, a registered bank holding company, and Wells Fargo Financial, Inc., of Des Moines. This has been a long-time coming since the Federal Reserve began its investigation into […]
New Nevada Real Estate Laws Update
Black & LoBello has received numerous inquiries regarding the new real estate laws discussed in our previous blog post. We thank you for your patronage of our blog and for your interest in these exciting new protections for homeowners. Several inquiries have asked for clarification regarding the manner in which the new laws regarding holders […]
New Nevada Laws Relating to Homeowners
Nevada Assembly Bill 273 makes major improvements to Nevada law to protect homeowners by limiting the amount of money a bank can collect after a homeowner loses their home. The law also reduces the time a bank has to file a lawsuit against some homeowners. These protections will greatly improve a homeowner’s opportunity to start […]
10 Warning Signs of Mortgage Modification and Foreclosure Rescue Scams
“Pay us $1,000 now, and we’ll save your home.” Fees that are thousands of dollars and are to be paid up front or in partial payments are a sign of potential fraud. Companies cannot collect fees until you have a written, acceptable offer from your lender or servicer and a written description of the key […]
Countrywide and Saxon Settle Wrongful Foreclosures Against Military Homeowners
Countrywide and Saxon, two home mortgage lenders, settled with the Department of Justice with regards to alleged violations of the Servicemembers Civil Relief Act (SCRA) for wrongfully foreclosing upon active duty servicemembers. The two lenders agreed to pay more than $22 million in monetary relief for the victims of their misconduct. The two lenders were accused […]
Government Programs and Principal Reductions
Treasury officials confirmed that the Administration was examining principal reduction as a tool in the modification arsenal. Shortly thereafter, Bank of America unveiled a principal reduction program for borrowers whose LTV ratios are more than 120% (which is a large percentage of Nevadans as approximately 62% of our market is thought to be underwater). Hopes […]
Double-Dip in Home Prices Nationwide
Today Case Shiller housing data confirmed that there is a double-dip in home prices nationwide. The National Index hit all new lows and is down 5.1% from last year. In March 2011, Las Vegas was amongst 12 cities (Atlanta, Charlotte, Chicago, Cleveland, Detroit, Las Vegas, Miami, Minneapolis, New York, Phoenix, Portland, Ore., and Tampa) that […]
LV Business Press Interviews Tisha Black Chernine
Bankers watch bill that would criminalize home trashing When bankers told Nevada lawmakers they wanted to punish home-wreckers, they weren’t talking about adulterers who destroy marriages. They were referring to legislation that makes it a crime for homeowners to damage and steal parts of houses subject to foreclosure. To read the full article, click here.