Mortgage

A few years ago, I sat in on a meeting of local Carson City Democrats and their guest speaker for the night, Republican State Sen. Mark Amodei.

Greater Nevada Mortgage Services (GNMS) has promoted Nick Serrano to Vice President of Sales. His responsibilities will include managing the sales production of mortgage consultants throughout northern Nevada and helping to guide the company’s strategic vision.

(U.S. Department of Justice Press Release)
WASHINGTON – Teresa Kelly, a former operations supervisor in Colonial Bank’s Mortgage Warehouse Lending Division (MWLD), pleaded guilty today to conspiring to commit bank, wire and securities fraud for her role in a fraud scheme that contributed to the failures of Colonial Bank and Taylor, Bean & Whitaker (TBW).

Colonial Bank had a branch on Stewart Street in Carson City, that now sits vacant.

Carl Kuhl, a state Parole and Probation employee of six years, has created a plan that he claims will eliminate Nevada's budget deficit within two years.

In a news release issued on Tuesday, Kuhl said his plan not only will reduce the budget deficit but also help repair Nevada's economy at the same time. It is a pretty big claim, he admits, coming from an Accounting Assistant I, an entry level position.

Dear Editor: Once again the Dayton community has come together and made a difference for so many families during the holidays.

The Dayton toy drive received applications for over 650 kids this year and we were quite concerned that there would not be enough to go around. Fortunately a large, eager, group of volunteers came together who were quick to get down to business and get the donations and interest pouring in. It wasn’t long before businesses, as well as community organizations and individuals were giving.

By Nevada News Bureau
CARSON CITY – Gov.-elect Brian Sandoval today announced he will appoint Lucas Foletta as his general counsel.
As a former assistant U.S. attorney for the district of Nevada, Foletta has prosecuted mortgage fraud and identity theft matters on behalf of the U.S. government. A graduate of Wake Forest University School of Law, Foletta is also a former law clerk to Sandoval when he served previously as a federal judge.

Greater Nevada Credit Union’s scholarship program was recently named one of the “Five Best Scholarships for Nevada Residents” by NewsMax, a national news media organization.

By Sean Whaley / Nevada News Bureau
CARSON CITY – The panel that oversees Nevada’s public employee retirement system was told today it would cost about $1.2 billion over the next two years to change from the current defined benefit plan to a defined contribution plan for new state and local government workers.

Nineteen employees from Greater Nevada Credit Union’s Carson City branches and offices were recognized for their outstanding contributions during the company’s annual employee training and recognition event last month.

By Sean Whaley / Nevada News Bureau
CARSON CITY – While concerns have emerged elsewhere this campaign season about encouraging people to vote by offering free food, a state election official says Nevada law is not excessively restrictive on the practice.

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.

CARSON CITY – Catherine Cortez Masto points to a number of accomplishments in her first term as attorney general, from reducing methamphetamine production in Nevada to cracking down on mortgage fraud, all while having to live with major budget cuts and fewer staff.

Carson City Manager Larry Werner told the Board of Supervisors today that they are hoping to wrap up work on cost estimates for the city's portion of the Nugget Project by the end of the day.

Werner said that these cost estimates would determine if they had a feasible project or not, compared with the funding that would be provided by a 1/8 cent sales tax increase and tax increment financing.

He told the board that the results would be presented to the citizen's committee, whose next meeting is tentatively scheduled for Sept. 27.

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.

By Sean Whaley / Nevada News Bureau
CARSON CITY – Nevada’s worst in the nation 14.3 percent unemployment rate for July does not even begin to tell the real story of the state’s dismal job situation, a state agency reported today.

Greater Nevada Mortgage Services received the highest award ever presented to a lender, the “Most Valuable Partner”, by the Nevada Rural Housing Authority at their recent board meeting.

Kelly Blue Book, ultimate authority on all things with four wheels and an engine, has come out with its Top 10 Green Cars for 2010. The scoring system tries to be all-inclusive, measuring fuel economy and carbon dioxide along with driving enjoyment and safety. While the "green" rating of a car could be measured many ways, these are the green cars that Kelly Blue Book employees will likely be seen driving.

Carson City is looking at laying off up to 30 employees due to a budget shortfall caused by lower-than-expected sales tax revenues, according to a story by the Nevada Appeal.

Carson Now has learned that Sheriff Kenny Furlong met with his employees and indicated that 10 sworn officers and 16 civilian employees were facing layoffs. The sheriff and fire departments make up almost half of the city's budget.

On The Census
By Karl Neathammer

Another thing. It is redevelopment guru’s like Mark Lewis who create a contagion that “patience is longer a virtue.” Why wait for sluggish evolution to produce what we want? We want it NOW!

The citizens committee’s “reason for being” as outlined in a recent Board of Supervisors agenda packet indicates that the committee is to assist the forward momentum of the project.

Northern Nevada Development Authority is pleased to announce the founding members of the Regional Real Estate & Affiliates Advisory Committee.

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