Video deposition testimony of an alleged Robo-signer
This brief video illustrates the wide spread abuses of the banks and the foreclosure institutions signing affidavits, notices of default, assignments of deed of trust, substitutions of trustees and trustees sales. Because Nevada is not a judicial foreclosure state, many illegal practices such as those admitted to in the attached video, occur without restriction or […]
HARP Program Extended Through June 2012
If you are one of the few Nevada residents that is current on your mortgage and you are seeking a loan modification, good news! The Federal Housing Finance Agency has extended the Home Affordable Refinance Program to June 30, 2012. The program allows homeowners with loans administered by Fannie Mae or Freddie Mac, who are current […]
What can I expect from home loan interest rates in the future?
Carlos L. McDade, Esq., of Black & LoBello talks about the new HUD policy that will increase the cost of mortgage insurance and, as a result, raise the cost of home mortgages.
Has anyone been sent to jail yet for causing the financial meltdown?
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 […]
Are there any disadvantages of receiving the Home Buyers Tax Credit?
Finally, a Lender Admits to Fraud in U.S. Financial Meltdown
A Justice Department Press Release reports that Desiree Brown, the former treasurer of a private mortgage lending company, Taylor, Bean & Whitaker (TBW), pleaded guilty to conspiring to commit bank, wire and securities fraud for her role in a more than $1.9 billion fraud scheme that contributed to the failures of Colonial Bank and TBW. […]