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 […]
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 […]
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 […]