FINAL REMINDER: PARTICIPATE IN THE NATIONAL MORTGAGE SETTLEMENT!

In February 2012, 49 state attorneys general, including Nevada’s AG, and the federal government announced a historic joint state-federal settlement with the country’s five largest mortgage servicers:   •Ally/GMAC •Bank of America •Citi •JPMorgan Chase •Wells Fargo   This is the largest consumer financial protection settlement in US history. The agreement settles state and federal investigations finding […]

Black & LoBello on AM720 KDWN

Click here to listen to the Legal Hour on KDWN AM720 from November 7th, 2012 in which Managing Partner, Tisha Black Chernine, Esq., hosts special guest, Bubba Grimsley, Esq., an attorney licensed in Alabama.  Mrs. Black Chernine and Mr. Grimsley discuss post-election issues (2:40), voters’ decision making process (3:45), misplaced priorities between domestic vs. foreign issues (6:00), results of […]

Black & LoBello on AM720 KDWN

Click here to listen to the Legal Hour on KDWN AM720 from October 31st, 2012 in which Managing Partner, Tisha Black Chernine, Esq., hosts special guest Cynthia Dustin-Cruz, Esq., who is running for a Judge position in the Las Vegas Justice Court, Department 5.  Mrs. Black Chernine and Mrs. Dustin-Cruz discuss the latest Case-Shiller Home Price Index report (2:15), recent lawsuits […]

NY Case Accuses Big Banks of Money Laundering

One of the most recent efforts to bring the big banks to task over their role in the nation’s real estate crisis is a New York lawsuit, Abel v. BAC Home Loans Servicing LP et al, alleging international money laundering by Bank of America as well as other major federally chartered banks.  The lawsuit alleges […]

Black & LoBello on AM720 KDWN

Click here to listen to the Legal Hour on KDWN AM720 from May 2nd, 2012 in which Managing Partner, Tisha Black Chernine, Esq., hosts special guest, Jeffrey Morse, Esq., Special Counsel to Withers Worldwide.  Ms. Black Chernine and Mr. Morse discuss Abel v. BAC Home Loans Servicing LP et al, a current case in New York alleging that banks are laundering money overseas […]

The Multi-State Settlement Part 2 of 3: What it Really Means to Nevadans

The big “winners” in the Multi-State Settlement (“MSS”) are Florida and California who have exacted approximately half of all MSS monies between them. Regardless of these two goliath states, Nevada captured a decent amount. On any given day, Nevada ranks number one for bankruptcy filings and percentage of unemployed individuals.  Furthermore, for the last five […]

The Multi-State Settlement Part 1 of 3: What Has Happened

Wall Street knew all of the mortgages were bad when they created or bought and sold them. Furthermore, they knew the warranties of quality they made regarding the caliber of the loans, whether to the certificate purchasers of the Residential Mortgage Backed Securities (“RMBS”) pools or the Government Sponsored Entities (“GSE”), were meaningless when they […]

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 and five of the biggest banks could help or hurt homeowners fighting foreclosure (19:50) and whether homeowners can realistically expect principal reductions on their mortgage loans (24:55).

Black & LoBello on AM720 KDWN

Click here to listen to the Legal Hour on KDWN AM720 from January 11th, 2012 in which Managing Partner, Tisha Black Chernine, Esq., discusses breach-of-contract issues (3:05), short sale approval during the foreclosure process (5:34), if quit claiming fix credit issues (11:00), how safe is it to refinance (15:20), New York’s investigation forced placed insurance policies (19:50)(31:10), how the […]

Nevada at the Forefront

Nevada may be leading the fight to bring banks to task for their role in the current mortgage crisis.  However, since so many people do not fully understand the facts, this fight will probably be hard fought until more people and states come on board.  There has been so much bank chicanery it seems just […]