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A bill before the Nevada Legislature would make it a felony to intentionally damage or remove any part of a home that the occupant knew was in foreclosure. A homeowner or renter who breaks the law could face one to four years in prison and up to $5,000 in fines.
Henderson homeowner Bruce Clemmer said he came home to a 120-day foreclosure notice on his door the week after a story about his frustrating loan modification experience with Merrill Lynch was published in the March 13 Las Vegas Review-Journal.
The Federal Deposit Insurance Corp. on Friday disclosed a regulatory order to Bank of Las Vegas to take “prompt corrective action” because it has become significantly undercapitalized.
Nevada’s latest unemployment report provided yet another parade of tough news for the state’s jobs market. The state’s jobless rate dropped to 13.6 percent in February, down from 14.7 percent a year earlier, while unemployment in Las Vegas came in at 13.7 percent, down from 15.2 percent a year earlier.
After an Internet bidder won back-to-back wheel loaders, auctioneer Pat Hicks told the crowd in front of him, “The emirates are buying today, folks.”