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 […]
Brooklyn judge tosses bad foreclosure filings
With foreclosure filings growing by the month, some judges are holding banks and loan servicers’ feet to the fire to prove they “own” the mortgage and that they know what information is in the filing. Read more: http://bit.ly/cnrhfz
Fannie Mae’s new First Look program
As foreclosures increase, the nation’s largest mortgage financier has added 61,929 new REO properties to its inventory in the second quarter. In an effort to step up the unloading of these properties, FANNIE has created its First Look program. See, HomePath.com . The program is aimed at assisting owner-occupied purchasers and public entities with purchasing […]
1/3 of Americans Believe it is OK to Walk Away from Home
A survey by the Pew Research Center found that more than a third – 36 percent – of Americans believe the practice of “walking away” from their mortgage payments and their home is acceptable, at least under certain circumstances. Of the homeowners surveyed, 48 percent say the value of their home declined during the recession. […]
Real Estate Town Hall Meeting Official Flyer
Mark your calendars. This FREE Town Hall meeting hosted by Prudential Americana features experts from various fields related to the Real Estate market to answer YOUR questions. This meeting will be on September 25, 2010 at 10:00 AM located at Green Valley Ranch, Conference Room La Sirena IV. Please submit any questions you would like to have answered […]
Tisha Black quoted in the LV Sun
Walking away from a mortgage comes with risks Walking away from a mortgage you can afford won’t be the end of the story By Buck Wargo (contact) Friday, Sept. 3, 2010 | 2 a.m. The news is bad enough that three homeowners out of four in the Las Vegas Valley owe more on their houses than they’re worth. […]
Black & LoBello featured in RJ’s Business Section
BATTLING THROUGH BANKRUPTCY: Chapter 7 not final chapter Filing turns out to be ‘a relief’ for widow Life as Renne Fortier knew it changed in January 2009. Her husband, Mark, was diagnosed with CNS lymphoma, a brain tumor, while he was working in Hawaii. By March, he was gone and she was a 38-year-old widow […]