June 25, 2010
The “Hardest Hit” Fund is a new government program designed to help states that are suffering from the largest drop in home values. Nevada is one […]
June 24, 2010
Nevada is a first-in-time recording state, which means that the lien recorded on real property first has priority over subsequently recorded liens. Huntington v. Mila, Inc. […]
June 21, 2010
As part of Operation Stolen Dreams, the government’s push against mortgage fraud, federal authorities investigated 1,215 criminal defendants allegedly responsible for more than $2.3 billion in […]
June 18, 2010
The probate process begins after a family member dies and someone, either the executor of the will or a family member, initiates proceedings in probate court. […]
June 16, 2010
The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to delist their common and preferred stock from the New York Stock Exchange (NYSE) […]
June 4, 2010
On June 2, Bank of America began its new mortgage program for eligible underwater borrowers which includes an earned principal forgiveness in a loan modification. Bank […]
June 3, 2010
Government sponsored entities (GSE), Fannie Mae and Freddie Mac, both issued new guidelines to servicers on June 1. The new stipulations allow homeowners with GSE owned or […]
May 28, 2010
Fannie Mae and Freddie Mac forced lenders to repurchase $3.1 billion in mortgages out of their books in the first quarter of 2010. In a regulatory […]
May 26, 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 […]