REAL ESTATE BRIEFS

CHARITY

Realtors help Habitat for Humanity

Members of the Greater Las Vegas Association of Realtors joined staff and supporters of Habitat for Humanity, neighbors and homeowners in dedicating a new GLVAR-sponsored Habitat for Humanity home, owned and occupied by single mother Rosa Santana and her three children: Rosalba, 18; Alexander, 16; and Cesar, 15.

Rosa works as a housekeeper at St. Rose Dominican Hospital and has been renting two rooms from a friend while helping to build her new home.

This will be the 13th local Habitat for Humanity home built with money and labor donated by GLVAR. The association dedicated this latest home to 2008 GLVAR President Patty Kelley, who led the association’s fundraising effort last year.

The GLVAR raised money for this project through its annual golf tournament and a silent auction held during its annual installation gala.

LICENSING

New law affects mortgage industry

Division of Mortgage Lending announced additional licensing requirements for loan modification and foreclosure consultants and agents.

As a result of the passage of AB 152 in the 2009 Legislative session, effective July 1, all loan modification and foreclosure consultant companies and those working as agents on behalf of the companies as either employees or independent contractors are required to be licensed with the Division of Mortgage Lending.

“We are pleased that the Legislature passed this important bill,” said Division of Mortgage Lending Commissioner Joseph Waltuch. “With the rapid increase in mortgage delinquencies and foreclosures, consumers have been targets of foreclosure rescue and loan modification scams. This legislation provides additional protection for consumers by regulating the companies that are providing these services.”

For more information about the Division, visit http://mld.nv.gov/index.htm.

ENERGY RESOURCES

Legislators investigate ways to go green

A team of legislators looking for ways to expand renewable energy in Nevada recently toured TWC Energy Solutions in Henderson. Sen. Mike Schneider, chairman of the Senate Committee of Energy, Infrastructure and Transportation, was accompanied by fellow senators, Dennis Nolan, Barbara Cegavske and Shirley Breeden, all from Clark County.

TWC Construction created TWC Energy Solutions in an effort to integrate energy, economics and the environment, according to TWC CEO Matt Ryba, who guided the legislative tour.

For more information, contact Matthew Weinman at mweinman@twcconstruction.com. or call 597-3444.

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