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Nevada again ranked No. 2 for mortgage fraud

Nevada’s real estate market may be recovering, but mortgage fraud isn’t going away. The Silver State ranked No. 2 for the fourth straight year on LexisNexis Risk Solutions’ Mortgage Fraud Index, which measures investigations of fraud among mortgage professionals.

Home-price gains begin to level off, report shows

U.S. home prices rose at a slightly slower pace in the 12 months that ended in March, a sign that weak sales have begun to restrain the housing market’s sharp price gains. Data provider CoreLogic says home prices in California have jumped 17.2 percent from a year ago. Nevada, at 15.5 percent, has posted the second-largest gain.