Vlog answers questions about the document submission process
David Gorka, head of Black & LoBello’s Submission and Processing department, answers some common questions clients have regarding the document submission process when dealing with a short sale and the lenders involved.
Foreclosure Outlook 2011
The outlook for the New Year is grim if you own a home in Las Vegas and are not paying attention to your legal rights. Likely, you are one of the two-thirds of our valley’s property owners who are in an underwater position, most being more than 50%. Since property values are expected to drop […]
LVRJ Article: Judge halts capping of ‘super priority’ foreclosure liens
District Court Judge Susan Johnson on Thursday issued a temporary restraining order against enforcement of a state regulatory advisory opinion that caps the amount collection agencies may charge under “super priority” liens against homes in foreclosure. To read the full article click here.
Private Mortgage Insurance Provides Woes for Lenders and Consumers Alike
When one hears the word “insurance,” you automatically think you are “covered” from any and all “qualified” loss that exists under the umbrella of that coverage. Unfortunately, that does not appear to be true as all types of insurance from medical to long term disability have been the subject of movies and articles slamming the […]
Tisha Black Chernine, Esq. on AM720 KDWN
Tisha Black Chernine, Esq. speaks on the Heidi Harris Show about mortgages that could be “frozen” by the government and the process of loan modification. Click here to hear the audio clip.
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 […]
Obama to Veto Notary Bill
According to the latest developments, President Obama will pocket-veto a piece of legislation that critics say would make it easier for banks to process foreclosures and make it more difficult for borrowers to challenge foreclosure documentation. The bill in question, HR 3808, passed the Senate on September 27th by unanimous consent. The House passed the […]
Bill H.R. 3808 lets banks use notary as defense against litigation
Congress recently passed Bill H.R. 3808, the Interstate Recognition of Notarizations Act of 2010 which says anything a notary signs is true, is usable (like a driver’s license) in any state, and cannot be challenged. The banking industries may use this as an answer to litigation. However, the bill is now open for public comments […]