Black & LoBello on the Radio
Click here to listen to the Legal Hour on KDWN AM720 from October 5th, 2011 in which Managing Partner, Tisha Black Chernine, Esq., hosts special guest, Mark Baker from Sierra Pacific Mortgage. Ms Black Chernine and Mr. Baker discuss the FHA Short Refinance Program, mortgage insurance increases, Government Sponsored Enterprises (GSE), settling a second mortgage, refinancing a mortgage to […]
Bank of America Will Cut Loan Principal for Some Customers
Bank of America announced on March 25, 2010 that it will implement a principal forgiveness program to modify underwater loans. Bank of America is specifically targeting certain, subprime and adjustable-rate mortgages (ARMs) qualifying for its National Homeownership Retention Program (NHRP), Pay-Option ARMs, and prime two-year hybrid ARMs. The program is limited to Bank of […]