Nevada Attorney General letter requests B of A to suspend foreclosures
Click to read Attorney General Catherine Masto’s letter to Bank of America.
Tisha Black Chernine, Esq. quoted in RJ regarding wrongful foreclosures
Nevada attorney general asks lenders to temporarily halt foreclosures As politicians complain about potentially massive mortgage fraud around the country, a top state official is calling on all residential lenders to halt foreclosures in Nevada. To read the full story in the Las Vegas Review Journal, click here.
Bank of America to Stop Foreclosures in Nevada and Nationwide
Pursuant to articles in today’s Wall Street Journal, Bloomberg, and the Washington Post, Bank of America Corporation has placed a moratorium on all foreclosure proceedings across the U.S. to examine its foreclosure documentation problems. This includes all Bank of America owned properties in the state of Nevada. Bank of America is the first financial institution […]
Brooklyn judge tosses bad foreclosure filings
With foreclosure filings growing by the month, some judges are holding banks and loan servicers’ feet to the fire to prove they “own” the mortgage and that they know what information is in the filing. Read more: http://bit.ly/cnrhfz
Carlos McDade teaches for CE, CLE credit at upcoming NBI Seminar
Carlos L. McDade, Esq. will teach a class entitled, “Stay on Top of Environmental Considerations” at the National Business Institute One-Day Seminar located at the Gold Coast Casino on October 13th. Attendees can qualify for up to 6 hours of CLE and 7 hours of Real Estate CE. For more information about the […]
Fannie Mae’s new First Look program
As foreclosures increase, the nation’s largest mortgage financier has added 61,929 new REO properties to its inventory in the second quarter. In an effort to step up the unloading of these properties, FANNIE has created its First Look program. See, HomePath.com . The program is aimed at assisting owner-occupied purchasers and public entities with purchasing […]
1/3 of Americans Believe it is OK to Walk Away from Home
A survey by the Pew Research Center found that more than a third – 36 percent – of Americans believe the practice of “walking away” from their mortgage payments and their home is acceptable, at least under certain circumstances. Of the homeowners surveyed, 48 percent say the value of their home declined during the recession. […]
Map and Directions to the Town Hall Meeting THIS Weekend
Don’t miss this weekend’s FREE Town Hall meeting hosted by Prudential Americana features experts from various fields related to the Real Estate market to answer YOUR questions. This meeting will be on September 25, 2010 at 10:00 AM located at Green Valley Ranch, Conference Room La Sirena IV. Please submit any questions you would like to have answered […]
Update on the U.S. Real Estate Market
At the end of August, Lender Processing Services (LPS) reported that mortgages on 4,947,000 properties nationwide were at least 30 days past due but NOT in foreclosure. Of those, 2,374,000 were 90 or more days delinquent. The good news is that the delinquency rate of loans that are 30 days or more past due have […]
Real Estate Town Hall Meeting Official Flyer
Mark your calendars. This FREE Town Hall meeting hosted by Prudential Americana features experts from various fields related to the Real Estate market to answer YOUR questions. This meeting will be on September 25, 2010 at 10:00 AM located at Green Valley Ranch, Conference Room La Sirena IV. Please submit any questions you would like to have answered […]