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Audit: Better monitoring of foreclosure settlement funds needed

The Nevada attorney general’s office needs to strengthen its monitoring of settlement funds designed to help victims of the foreclosure crisis in Nevada, a legislative audit has found.

Nevada’s Fernley leads nation in house flipping

The Northern Nevada town, near where electric car maker Tesla is building its $5 billion battery factory, ranked No. 1 in the nation for home flips in the second quarter, according to California research firm RealtyTrac.

Subcommittee recommends ending Nevada’s Foreclosure Mediation Program

CARSON CITY — A joint money subcommittee Wednesday recommended shutting down Nevada’s Foreclosure Mediation Program, citing a recovering housing market and fewer participants than at the height of the recession when the program was established.