The Channel 8 I-Team’s “Desert Underwater” series which chronicled the housing crisis in Southern Nevada received a Peabody Award on Wednesday. The “Desert Underwater” series featured Black & LoBello managing partner attorney, Tisha Black Chernine. The series was acclaimed for the Channel 8 I-Team’s use of website content to assist Valley residents and statistic seekers. The Channel 8 I Team included with other esteemed recipients including PBS’ American Experience and HBO’s Game of Thrones.
The nationwide mortgage settlement will mean $1.5 billion dollars is headed Nevada’s way. But once that money is divided, will it help underwater Nevadans stay in their homes?
via Nevada’s Attorney General Talks About Mortgage Settlement.
Foreclosure filings in Nevada plunged in October during the first month of a new state law stiffening foreclosure-processing requirements.
Slightly more than 600 default notices were filed against homeowners through Oct. 25 in the state’s two most-populous counties, Las Vegas’s Clark County and Reno’s Washoe County. That was down from 5,360 in September, or an 88% drop, according to data tracked by ForeclosureRadar.com, a real-estate website that tracks such filings. Default notices represent the first step in processing foreclosures.
To read the full Wall Street Journal article, click here.
A Las Vegas Business Press article discusses the growing trend of lenders coming after developers for their personal holdings
Read the full story here
Reading: “Agency seeks damages from failed bank’s officials”( http://twitthis.com/w4d6j3 )
Nevadan at Work - Featuring Tisha Black-Chernine: http://www.lvrj.com/business/59169007.html