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 US Treasury Department regarding strategic defaulters (2:45), modification solution fatigue (5:40), the difficulty of defining financial hardship (6:20), Bank of America’s principal reduction programs (7:50), LIBOR rigging scandal (11:00), right […]
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 January 25th, 2012 in which Managing Partner, Tisha Black Chernine, Esq., discusses the impact of walking away from a mortgage vs. negotiating with the banks (4:26), how banks committed fraud during the housing bubble (6:10), how to spot title issues when buying real estate (9:52) (33:36), trouble foreigners […]
Black & LoBello On the Radio
Click here to listen to the Legal Hour on KDWN AM720 from November 14th, 2011. Christopher Phillips, Esq. hosts with guest lawyer Randy M. Creighton, Esq. who practices bankruptcy at the law firm Black & LoBello in Las Vegas, Nevada. Mr. Creighton and Mr. Phillips discuss why luxury purchases cannot be included in a bankruptcy (2:00), how to avoid probate of a deceased’s property […]
60 Minutes Special: Walking Away
The incidence of negative equity in properties is unmatched in history. 65% of residences in Nevada are drowning and the water continues to rise. See the full 60 Minutes broadcast here.
Even High-Score Borrowers at Risk of Mortgage Default
A New York Times article explains how a high credit score won’t necessarily insulate borrowers from the home-foreclosure crisis, according to a new study from FICO.
“The Coming Second Wave” Tisha Black Chernine, Esq. quoted in Las Vegas Business Press
A Las Vegas Business Press article discusses how lenders can pursue property owners long after they default on a mortgage. Read the full story here
Strategic Default
Voluntary strategic defaults pose a new wave of defaults hitting the already battered housing market. A strategic default is voluntary. It occurs when the borrower decides to stop making payments, or defaults on a home mortgage despite having the financial ability to make the payments. Usually, this occurs after a substantial drop in the house’s […]