principal reduction

August 10, 2012

Black & LoBello on AM720 KDWN

Click here to listen to the Legal Hour on KDWN AM720 from August 1st, 2012 in which Managing Partner, Tisha Black Chernine, Esq., discusses her debate with Laurie Anne Maggiano of the […]
March 23, 2012

Housingwire.com talks about principal reduction

Freddie Mac CEO Charles “Ed” Haldeman gave a strong signal Friday that new incentives from the Treasury Department may be enough to start principal reduction on mortgages backed by […]
February 15, 2012

Tisha Black Chernine talks about Nevada’s Big Bank Settlement

Click here to listen to the  KNPR State of Nevada show in which Tisha Black Chernine, Esq., is asked about how the settlement agreement between Nevada […]
June 1, 2011

Government Programs and Principal Reductions

Treasury officials confirmed that the Administration was examining principal reduction as a tool in the modification arsenal. Shortly thereafter, Bank of America unveiled a principal reduction […]
March 15, 2011

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 […]
December 27, 2010

Obama Administration Putting Pressure on Fannie and Freddie to Agree to Principal Reductions

The Obama administration is trying to convince Fannie Mae and Freddie Mac to join a program run by the Federal Housing Administration (FHA) that allows banks […]
July 26, 2010

REALITY CHECK: Loan Modifications Rarely Include A Principal Reduction

Las Vegans are subjected to a non-stop barrage of commercials and advertisements from people and companies promising principal reductions through loan modifications.  However, the majority of loan […]
June 4, 2010

Bank of America’s Principal Forgiveness Program Begins

On June 2, Bank of America began its new mortgage program for eligible underwater borrowers which includes an earned principal forgiveness in a loan modification.  Bank […]
May 19, 2010

FHA’s new principal reduction program

A new program issued by the Federal Housing Administration (FHA) requires lenders to reduce the principal by at least 10% for qualified borrowers.  Borrowers can qualify […]