Housing
Retired and living the good life in Las Vegas, Robert Hall should be making waves in the lap pool on his back patio overlooking the 15th hole at Highland Falls Golf Club. Instead, the former military officer and immunotoxicologist is making waves with his community homeowners’ association.
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.
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