Black & LoBello on AM720 KDWN
Listen to the Legal Hour on KDWN AM720 from February 22nd, 2012 in which Managing Partner, Tisha Black Chernine, Esq., discusses the Multi-State Settlement (2:00), how mortgage modifications work (5:12), tips for dealing with banks (12:00), escrow impound accounts (18:30), what happens to a property and the mortgage after death (23:00), what happens to debt after death (25:20), how […]
New HAMP Guidelines Take Effect June 1, 2010
The federal government provided new Home Affordable Modification Program (HAMP) outreach and communication guidelines for foreclosure actions while evaluating the borrower. These guidelines provide additional protection for delinquent borrowers who have filed bankruptcy but would otherwise be eligible for HAMP benefits. Some key highlights from the directive include: FORECLOSURE The servicer must evaluate the borrower’s […]