July 29, 2011

OCWEN Gets Creative With Loan Modifications

Underwater borrowers may have a new loan modification option, at least with Ocwen Financial Corporation.  Ocwen is expanding its SAM (Shared Appreciation Modification) Program, which allows […]
July 27, 2011

Win For Nevada Homeowners

A group of lobbyists, hired by some of the country’s largest banks, tried to convince the Nevada Legislature to reduce the homestead exemption from its current […]
July 25, 2011

Wells Fargo in Trouble With the Fed

Last Wednesday, the Federal Reserve  issued a consent cease and desist order and assessed an $85 million civil money penalty against Wells Fargo & Company of […]
July 22, 2011

AB 273 Limits Bank Collections

The purchase of a house is the largest purchase most people will ever make.  When hard times hit and a homeowner loses their house, the debt […]
July 21, 2011

FTC Refunds Millions of Dollars to 450,000 Cheated Homeowners

Today, various news outlets have reported the Federal Trade Commission is issuing refund checks to homeowners that were overcharged by Countrywide Home Loans, Inc.  These checks […]
July 20, 2011

AB 284 Restores Foreclosure Process

I have been extraordinarily honored to have participated in a working group with the Nevada Attorney General’s Office in Nevada Assembly Bill 284.  AB 284 passed the […]
July 15, 2011

NV Supreme Court Strikes Blow to Banks for Homeowners

The Nevada Supreme Court recently addressed a critical issue involving the Foreclosure Mediation Rules in the case of Leyva v. National Default Servicing Corp., App. No. […]
July 14, 2011

New Nevada legislation to protect homeowners

Continuing update on new Nevada Legislation for homeowners.  Did you know that banks, lenders, financial institutions and their employees cannot unreasonably delay a response to an […]
July 12, 2011

How To File Bankruptcy: The Series – Part 12