Housing
CARSON CITY — A bill governing homeowners associations moved forward Friday after weeks of fierce debate over runaway collection fees involving overdue payments.
LOS ANGELES — Lender processing delays reduced the number of U.S. homes taken back by banks in the first three months of the year and contributed to a sharp drop in properties entering the foreclosure process.
The new census numbers say Las Vegas is practically a ghost town. When the housing bubble blew and the economy sank, thousands of Southern Nevadans pulled up stakes and abandoned their homes, leaving one in seven houses a vacant shell.
Mortgage lenders who try to foreclose on distressed Nevada homeowners received a message Tuesday when the Nevada Supreme Court heard a trio of appeals related to its Foreclosure Mediation Program: Follow the rules or suffer the consequences. A majority of justices expressed growing frustration and even anger with lenders who don’t participate in good faith.