What Will Replace Fannie and Freddie?
With the recent election results and the increase in Republican politicians promising to abolish Fannie Mae and Freddie Mac, the topic of what will replace these government sponsored entities is being discussed now more than ever. Fannie and Freddie have been in a state of uncertainty since the government seizure but a recent Wall Street […]
Asset Protection from Bankruptcy
As part of an asset protection plan, people may place certain assets into a single member limited liability company (LLC) with the belief that these assets are protected from individual creditors. However, in the bankruptcy context, a single member LLC will not provide any asset protection for a person from their individual creditors. In multiple […]
Nationwide joint investigation could make banks subject to fines
A joint investigation by every state and the District of Columbia could force mortgage companies to settle allegations that they used flawed documents to foreclose on hundreds of thousands of homeowners. To read the full article please click this link.
Nevada Probate Basics
What would happen to your assets if you died today? A proper estate plan can be the difference between an efficient, expeditious, and inexpensive distribution of your estate and an administration that takes years and costs tens of thousands of dollars. In Nevada, there are several mechanisms that can be implemented to avoid the expense […]
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.
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 […]
Black & LoBello’s Quarterly Newsletter: You Have Been Served! 2.4.2010
This edition of You Have Been Served! 2.4.2010 focuses on estate planning, probate, and asset protection services offered by Black & LoBello. We have acquired some of the finest legal minds in these areas. Schedule an appointment with us today to make sure your assets and your loved one’s are properly planned for and protected.
Update on the U.S. Real Estate Market
At the end of August, Lender Processing Services (LPS) reported that mortgages on 4,947,000 properties nationwide were at least 30 days past due but NOT in foreclosure. Of those, 2,374,000 were 90 or more days delinquent. The good news is that the delinquency rate of loans that are 30 days or more past due have […]
Excuses We Use To Maintain Credit Card Debt
No matter how many credit cards you own, never keep a balance on any of them to avoid any and all finance charges. However, many people do not have the discipline to pay off their credit cards every month and fall into credit card debt. Who knew that such a little piece of plastic could […]