The Nevada Supreme Court, which oversees the Foreclosure Mediation Program, has several times in the past 18 months updated program rules in response to concerns that have arisen, but bank officials and homeowners say the program still has problems that must be addressed.
Jeanne Bullock parted with her grand piano. Now, she might lose her home. The longtime local musician was forced to ship her beloved piano to a music store in Maryland owned by her brother. Like others facing foreclosure, she is short on cash.
Although Clark County is still mired in a recession and the real estate market is in a deep funk, more than 280,000 homeowners could see their tax bills go up this year.
