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Las vegas Mortgage News






Las Vegas analyst: Foreclosures in US could reach 10 million - Las Vegas Review - Journal

Las Vegas analyst: Foreclosures in US could reach 10 million
Las Vegas Review - Journal
"We could see 10 million out of 55 million mortgage holders go to default." CoreLogic estimates 61 percent of Las Vegas mortgages are upside down, exceeding the market value of the home. With 422000 mortgages in Las Vegas, that's roughly 257000 ...

and more »



Nevada's triple economic whammy - CNN

Nevada's triple economic whammy
CNN
And more than half of borrowers owe more on their mortgages than their homes are worth, compared to just over a fifth nationwide. Meanwhile, home prices continue to plummet. S&P/Case Shiller recently reported that Las Vegas home prices fell by 9.1% ...

and more »



Obama's Oblique Attacks Hint at Romney as Expected Rival - New York Times

New York Times

Obama's Oblique Attacks Hint at Romney as Expected Rival
New York Times
Housing values in this Washington suburb have dropped by a quarter, the president said, while more than half of homeowners in Las Vegas are underwater on their mortgages, meaning that what they owe is more than what the house is worth.
Obama proposes refinancing plan for underwater homeownersLos Angeles Times
Obama Uses Housing as Foil to Romney's 'Hit Bottom' StrategyBusinessWeek
Obama Backs Plan to Subsidize Mortgage RefinancingBoise Weekly (blog)
Business Day -Wall Street Journal -USA TODAY
all 1,104 news articles »



Obama offers new mortgage aid - Albany Times Union

WRAL.com

Obama offers new mortgage aid
Albany Times Union
In October, Romney told The Las Vegas Review-Journal that the housing market needed to "hit the bottom" before it could recover, and he has since talked about the need for foreclosures to run their course. Obama alluded to those comments Wednesday, ...
Housing Recovery Plan Called Into QuestionGlobeSt.com
Remarks by the President on HousingThe White House (blog)
Obama announces reforms to revive housing marketThe Hill

all 21 news articles »



On Foreclosures, Uncle Sam Courts Investors - Wall Street Journal (blog)

WAMU

On Foreclosures, Uncle Sam Courts Investors
Wall Street Journal (blog)
It involves real estate with an estimated value of at least $250 million in six areas: Southern California, Las Vegas, Chicago, Phoenix, Atlanta, and parts of Florida. There are many more foreclosures that could be pooled into packages and sold to ...
How committed is Obama to fixing his housing policy?Washington Post (blog)
Freddie Mac Bets Against Homeowners and RefinancingThe New American
White House Press Briefing by Jay Carney, February 1, 2012eNews Park Forest

all 358 news articles »



Obama swipes at Romney as he promotes mortgage refinancing plan - Los Angeles Times

Los Angeles Times

Obama swipes at Romney as he promotes mortgage refinancing plan
Los Angeles Times
In October, Romney told the Las Vegas Review-Journal that the housing market needed to "hit the bottom" before it could recover. Obama quickly dismissed that notion. “It is wrong for anybody to suggest that the only option for struggling, ...
Cliff Owen/APNPR
Democrats may get lengthy Republican primary raceabc40
OBAMA SETTING TABLE FOR ROMNEY CONTESTU-T San Diego

all 1,119 news articles »



Trump endorses Romney in Nev. - Boston Globe

Boston Globe

Trump endorses Romney in Nev.
Boston Globe
LAS VEGAS - In an endorsement made for this city of swank, Donald Trump yesterday capped a curious 12 hours by bestowing his blessing upon Republican front-runner Mitt Romney. Newt Gingrich's campaign, which had hours earlier made plans to trot out the ...
Newt's Trump card may not be enough in NevadaIrish Times

all 2,393 news articles »



Republicans' economic ideas may not sell in hard-hit Nevada - Los Angeles Times

Los Angeles Times

Republicans' economic ideas may not sell in hard-hit Nevada
Los Angeles Times
This abandoned house, part of a foreclosed North Las Vegas subdivision, is not an uncommon sight in Nevada. (Jewel Samad, AFP/Getty Images / February 2, 2012) By Ashley Powers, Los Angeles Times Conservatives have long lauded the free-market spirit of ...
Gingrich's Flashy New Endorsement Is Not to BeNew York Times (blog)
Nevada is friendly turf for RomneyReuters
A political tip sheet for the rest of usThe Associated Press
CTV.ca -Bloomberg
all 16,252 news articles »



Las Vegas City Council approves final deal bringing Zappos.com downtown - Las Vegas Sun

Las Vegas Sun

Las Vegas City Council approves final deal bringing Zappos.com downtown
Las Vegas Sun
The deal also involves an option for RGG to purchase 10.13 adjacent acres across Las Vegas Boulevard east of City Hall. Amazon, the parent company of Zappos, is guaranteeing the mortgage on the 7.7-acre City Hall complex. Councilman Bob Coffin said the ...

and more »



Obama Will Create Unit to Investigate Mortgage Misconduct After Protests - Bloomberg

Bloomberg

Obama Will Create Unit to Investigate Mortgage Misconduct After Protests
Bloomberg
Enlarge image Obama Creates Unit to Investigate Mortgage Misconduct Obama Creates Unit to Investigate Mortgage Misconduct Abandoned houses stand in North Las Vegas. President Barack Obama said he will create a mortgage crisis unit to investigate ...

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