Can HARP Help?
The Home Affordable Refinance Program (“HARP”) is a federal program supported by the Obama administration which can help homeowners refinance their underwater properties. However, there are a couple major hurdles that homeowners must pass before being considered for the program. First, the homeowner’s loan must be with Fannie Mae or Freddie Mac. To determine this, simply […]
Black & LoBello on the Radio
Click here to listen to the Legal Hour on KDWN AM720 from March 21st, 2012 in which Managing Partner, Tisha Black Chernine, Esq., hosts special guest, Mark Baker from Sierra Pacific Mortgage. Ms. Black Chernine and Mr. Baker discuss what the HARP program does and how it can help people (1:50), the limits to the HARP (12:45), the pros and cons of strategic default vs. […]
Black & LoBello on AM720 KDWN
Click here to listen to the Legal Hour on KDWN AM720 from March 14th, 2012 in which Managing Partner, Tisha Black Chernine, Esq., discusses medical liens on real estate (2:30), a class action suit affecting military servicemembers suffering from foreclosure (6:45)(19:10), how to check the status of a mortgage (10:00), when banks make different insurance requirements (13:35), refinancing through […]
President Obama Announces Improvements to HARP
The Obama Administration, by way of the Federal Housing Finance Agency (FHFA), announced a major upgrade to the Making Homes Affordable Refinance Program (HARP). This program is designed to help homeowners who owe more on their mortgage than the home is worth, so-called “underwater” mortgages. Homeowners of underwater homes cannot refinance their loans because lenders […]
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 […]
Channel 13 Investigation of Bank of America
Local news station, Channel 13 Action News, investigates Bank of America, the largest home mortgage lender in Nevada. Read the full story here.