lenders

USDA Rural Development and its two close housing partners, Nevada Housing Division and the Nevada Rural Housing Authority on Tuesday celebrated National Homeownership Month with a "Power Hour" to brief real estate professionals on the changes in real estate law resulting from the 2015 Nevada State Legislature and to honor their work to leverage homeownership across the state.

USDA Rural Development and its two close housing partners, Nevada Housing Division and the Nevada Rural Housing Authority on Tuesday celebrated National Homeownership Month with a "Power Hour" to brief real estate professionals on the changes in real estate law resulting from the 2015 Nevada State Legislature and to honor their work to leverage homeownership across the state.

The Nevada Rural Housing Authority is hosting a free Homebuyer’s Expo on Saturday, April 18, from 1 p.m. to 4 p.m. in the Bonanza Room at the Nugget, 1100 Nugget Ave, Sparks.

The Expo is designed to educate prospective homeowners on the process of purchasing a home and ways to prepare for homeownership down the road. There will be presenters from NRHA, USDA Rural Development, Financial Guidance Center, lenders and more.

The Rural Business-Cooperative Service, a branch of USDA Rural Development, has announced that a portion of the Business and Industry Guaranteed Loan is reserved to support production, processing and distribution of locally and regionally produced foods.

More than $161 million was invested in rural Nevada in 2014 by the Department of Agriculture's Rural Development agency to support housing, business and community facilities. Since 2009, the rural agency has provided more than $987 million to strengthen rural Nevada’s families and communities.

Buying a vehicle is now an even better deal for Nevadans who get their financing from Greater Nevada Credit Union. Through a partnership with CU Direct, Greater Nevada has received exclusive rights to launch the region’s first AutoPREMIER auto buying service and has already signed on a variety of preferred-partner dealers.

The Nevada Rural Housing Authority will host a free Homebuyer’s Expo on Saturday, April 5, from 10:30 a.m. to 2:30 p.m. in the Ponderosa Room at John Ascuaga’s Nugget, 1100 Nugget Ave, Sparks.

The Expo is designed to educate prospective homeowners on what goes into buying a house, as well as maintaining the home after purchase. There will be presenters from NRHA, as well as lenders, builders, title companies and non-profit partners.

Mother’s Day is this Sunday and in honor of mother’s, daughters, sisters, aunts, and all women, it is interesting to note how far women have come in just a few short decades when it comes to home ownership.

In 1968, the federal Fair Housing Act was passed making it illegal to discriminate on the basis of race, color, religion or national origin when renting or selling a home. In 1974, the Fair Housing Act was amended to prohibit housing discrimination on the basis of sex. Prior to that time, women (as well as minorities) found it nearly impossible to obtain credit or to buy a home.

Sometimes it takes a while to get the big picture, to see things coming into focus. Now, I am not much for conspiracy theories, but if anything looks like it is being driven by design, this is one. The theories driving it were formulated many lifetimes ago. The people whose sick minds spawned them are long dead. For the life of me I do not understand how any egomaniac could possibly get his jollies from a trend he might have started but maybe not even his great-grandson might see coming to fruition. But there it is, a hundred year timeline on several fronts.

Destruction of money


A popular, new program offered by the Nevada Rural Housing Authority (NRHA) is making home ownership even more affordable. Through the Home at Last™ Access program, qualified home buyers receive a generous 4 percent down payment grant, which does not have to be paid back.

Now, the program is offering even lower mortgage interest rates on a conventional, 30-year fixed rate loan. Through participating lenders, the interest rates on FHA, VA or USDA-RD home mortgages have dropped from 3.75 percent to the current rate of 3.5 percent, which is an historic low.

RBS Financial Products will pay a $42 million settlement to resolve an investigation into the firm’s role in purchasing and securitizing subprime and payment option adjustable rate mortgages in Nevada.
The assurance of discontinuance, filed in Eighth Judicial District Court, requires RBSFP to commit to certain changes in its practices to the extent it securitizes Nevada mortgages and to pay the State $42 million to be used for payments to affected borrowers, mortgage fraud enforcement, and foreclosure prevention, and attorney’s fees and costs.

USDA Rural Development State Director Sarah Adler announced the spending

Nicole Larrimore has been named as the new Mortgage and Marketing Coordinator for the Nevada Rural Housing Authority. The position was recently created to provide information about the NRHA’s housing assistance programs to mortgage lenders, banks, realtors, brokers, title and hazard insurance companies and prospective homebuyers. She will serve as the NRHA liaison to lenders and build relationships with the home buying and real estate community to better serve their needs.

CARSON CITY, NEV (June 29, 2012) – The Nevada Rural Housing Authority (NRHA) has launched a new home mortgage and down payment assistance program that is designed to help a group that has received very little help until now: working Nevadans who have been hurt by the downturn in the economy and the housing crisis.

Event at Obama for America Campaign Office, March 15, at the Carson City Democratic Central Committee Headquarters
at 502 E. John Street (& Roop St.) behind Bank of America

On Thursday at Noon, Occupy Carson City demonstrators, MoveOn.org members and homeowners in crisis will rally at the local Obama for America (OFA) office in Carson City, NV to demand that government-controlled mortgage lenders Fannie Mae and Freddie Mac provide relief to ten million underwater homeowners by adjusting their mortgages to reflect the true value of their home.

CARSON CITY – A new federal program is bringing $13.8 million to Nevada to lend to small businesses to spur job growth, Gov. Brian Sandoval announced earlier this week.
The funds provided to Nevada’s State Small Business Credit Initiative (SSBCI) by the Small Business Jobs Act are expected to help create private sector jobs and spur more than $138 million in additional lending to small businesses in Nevada, Sandoval said.

(press release) Las Vegas, NV – Nevada Attorney General Catherine Cortez Masto today announced that she filed an Assurance of Discontinuance with Morgan Stanley Mortgage Capital Holdings (“Morgan Stanley”) to resolve an investigation into the firm’s role in purchasing and securitizing roughly 3,000 subprime mortgages in Nevada.

Washoe District Court Judge Patrick Flanaghan recently ruled that Nevada's foreclosure mediation program, which allows distressed borrowers to request a face-to-face mediation with lenders, is not ...

By Nevada News Bureau
CARSON CITY – Attorney General Catherine Cortez Masto is joining a 49-state bipartisan mortgage foreclosure working group as part of a coordinated national effort by states to review the practice of so-called “robo-signingâ€� within the mortgage servicing industry.

Local REALTOR, Heidi McFadden, Earns Short Sale Designation to Help Homeowners in Danger of Foreclosure

Carson City, NV – 8/25/2010 – Heidi McFadden of Realty Executives Nevada’s Choice in Carson City has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education amassed by McFadden will help benefit Carson City area residents and communities.

Sen. Harry Reid announced this week that Nevada will be one of five states to benefit from a new federal anti-foreclosure program. Sen.

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After negotiators for residents and mortgage lenders weighed in, the Bank of America came out with a lousy report card.