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Housing

Your No. 1 source for Las Vegas housing and real estate news.

FTC banning up-front loan mortgage modification fees

The state consumer advocate is glad to see the end coming for a new type of financial enterprise in Nevada.
The Federal Trade Commission has banned consulting firms from charging up-front fees for negotiating modifications of residential mortgage loans. The prohibition takes effect Jan. 31.

Cosmopolitan condo owners still upset

Buyers of condominiums at The Cosmopolitan of Las Vegas will get the chance to tour and close escrow on completed units next month, according to a company spokeswoman and lawyer representing a number of investors. But an attorney for about 150 condominium buyers they still haven’t received all the required real estate disclosures.

Home prices fall again

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Fewer homes ‘underwater’; foreclosures up

NEW YORK — The number of homeowners who owe more than their houses are worth fell for the third straight quarter this summer.

Pluck, purpose help exec pilot title company through slump

Sifting through thousands of escrow closings a month as president and chief executive officer of National Title Co. gives Tracy Bouchard great insight into the Las Vegas housing market.

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