The managers and directors of Henderson-based Silver State Bancorp. are to blame for the failure of the $1.9 billion asset bank last September, but federal bank examiners should have spotted problems and intervened earlier, the Inspector General’s Office of the Federal Deposit Insurance Corp. said in a report.
New York banking giant JP Morgan Chase has opened a loan modification center in Las Vegas, one of 24 across the nation, to help borrowers struggling to make their mortgage payments.
RENO — The lender who foreclosed on the Cal Neva Resort at Lake Tahoe has assumed ownership of the hotel-casino once owned by Frank Sinatra after no one offered to buy it at public auctions in California and Nevada.
Pulte Homes’ purchase of Centex Homes will help the homebuilder strengthen its local market share and reach a new segment of homebuyers, industry officials said Wednesday.
The Gaming Control Board is tapping personnel within its already depleted ranks to establish a team of experts to handle regulatory and licensing requirements that are expected to spring up because of anticipated bankruptcies and financial restructurings in the casino industry.
Following the trend of recent months, home sales in Las Vegas increased substantially in March from the same month a year ago while median prices continued to fall.
You may have heard the bad news: Nearly 2,000 more people are homeless in Southern Nevada this year than two years ago. But there also were a few nuggets of good news in the results of a January homeless count released today.
Fewer veterans and unaccompanied children are without a home in Clark County than in 2007, according to the 2009 Southern Nevada Homeless Census.
A bill that sought to raise an estimated $2 million a year by taxing legal prostitution has been killed.
Senate Majority Leader Harry Reid said today he doesn’t think Nevada should get a waiver from the U.S. Department of Education that would allow legislators to fund education at lower levels and still receive federal stimulus money.
Tuesday is a big day for the Las Vegas Convention and Visitors Authority and the future of Las Vegas tourism.
